9 Money Lessons You Should Teach Your Kids
9 Money Lessons You Should Teach Your Kids by Scripbox While you teach your kid about the social norms and guide them through their life, it’s important that you also teach them about the importance of money and how to value it. Here are a few lessons you can teach them very early on. #1: Patience is a virtue The very first money lesson that you can teach your kid is “it pays to wait”. Your kids are smart and sharp; they know that you probably have enough money to fulfill their demands. Whenever your kids demand something, ask them to be patient and wait. This teaches your kid that not every outing means that they’d get to buy stuff. This practice will inculcate good behavioral habits like patience and restraint in your child. #2: Either this or that Teach your kid about plenitude. Wants and desires are mostly impos...