YOUNG MONEY

Give kids their own money .With proper guidance they'll soon know how to manage their finances.

You can give your children an allowance so that they can learn to manage money and at the same time,let them bring food to school to be able to save on total expenses.

Explain to your children that bringing food to school saves you money because the food prepared by others is definitely more expensive than the food that you prepare yourself. In addition, home-cooked meals are always more nutritious,probably cleaner and better -tasting. If your cooking isn't that good, just emphasize your need to budget and that your food is more nutritious.

You need to explain to them that you are still giving them a little allowance so that they will learn how to save. When they grow up, they will have to budget their own money and continur saving, so it is good to learn these things while they are young.

The bottom line is, exposing children early to the proper use and view of money is giving them a good head start in their journey to achieve financial comfort. After all, it is our obligation to make sure that our children grow up to be financially literate.