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Recipes with pocket money

12 Sep 13

Teaching children money management skills

Teaching children money management skills while they are young is extremely important. As a working mum, your strong work ethic already sets a good example for your children to follow. But giving your kids ongoing responsibilities with money such as household chores will help them develop a healthy financial philosophy, and they will be more likely to be responsible when they properly enter the workforce. When it comes to my boys Jack and Rodger, I have enlisted two strategies in order to teach them the value of money. Earning a wage I have found that giving my children opportunities to earn their own income around the house has big advantages. Most importantly, it means less work for me! It instils a good work ethic in children and teaches them the value of earning a wage. We have a job board where we post chores that need to be done and a […]

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