Learning Together About Money

Learning Together About Money

Do you want to talk to your children about money? Here are some tips!

Money is a part of our lives, and it is important for children to understand its value and significance. On our blog, you will find plenty of tips on how to guide children towards sensible budgeting. Together, you will create a budget, learn how to save, and understand the benefits of proper financial management. This way, children will build a positive relationship with finances from an early age, which will help them become responsible adults. Make learning about money a family tradition!

Interested in this topic? Read more: Basic Financial Skills for Children Aged 7–9 Want to find out where you stand personally? Take a short test at the end of the page and gain a better understanding.

How does this apply to you? Choose the answers that describe you best:

Imagine that you have a magical coin in your hand. If you could use it only once, what would you spend it on?

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Imagine that you have opened a mysterious chest full of coins. What will you do with them?

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If you could choose, what way of earning money would you like the most?

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If you had the opportunity to create your own banknote, what would be written on it?

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If you could spend money on only one of these things, what would you choose?

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Imagine that someone gives you five coins every day. What would you do with them?

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Imagine you have a magical piggy bank that always returns what you put into it. What would you put in it?

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Imagine that you opened a small shop where you sell something you know how to make. What would you sell?

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If you could decide what role money plays in life, what would you choose?

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Imagine that you have the opportunity to invest money into something that will later bring you more. What would you invest in?

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7 – 9 years: Basic financial thinking

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