“Do you think money grows on trees?!” “Do you think we own a bank – you make so many demands?!!” These and other similar sounding phrases are commonly heard in homes around the world, as parents try to tutor their children about the value of money. But, does it work? More often than not, the words spoken in irritation by an anxious parent only hurt a child’s sense of self-worth!
There are more meaningful, age-appropriate and participatory ways to explain situations of financial crisis and need for caution to your children, as discussed in this infographic.
Help Your Kids Understand the Value of Money:
Infographic by – Discover Bank