Teaching Money Management to Kids

To give someone confidence, courage, or hope

Encourage people to speak up.

motivateinspire

To contain or include as a necessary part or condition

Games that involve money.

includeentailnecessitate

relating to money or how it is managed

Show them how you save money, make a budget, and make wise financial decisions.

monetaryfiscaleconomic

The act of instructing or educating someone, especially in a formal setting

Teaching is her passion.

educationinstructiontutoringcoaching

A conclusion or resolution reached after consideration

make wise decisions

choicesoptionsjudgements

a place giving temporary protection from bad weather or danger

Birds need shelter to survive.

housingrefugehaven

extra

You can start by giving them a piggy bank to collect their allowance or spare change.

A sum of money paid regularly to a person, typically a child, as pocket money

You can start by giving them a piggy bank to collect their allowance.

pocket moneypaymentearnings

Having or showing experience, knowledge, and good judgment

She made a wise decision to invest in renewable energy.

prudentsensibleastute

Interest calculated on the initial principal and also on the accumulated interest of previous periods

You can also teach them about the benefits of compound interest and how their money can grow over time.

interestinvestmentprincipal

To have a strong feeling of wanting or wishing for something

We desire success in our careers.

wishwantlong forcrave

The state or fact of continuing to live or exist, typically in spite of an accident, ordeal, or difficult circumstances

survival depends on their ability to find food and water.

existencelifeliving