My SD Moms 
Children understand concepts best when they’re dealing with tangible things. As adults, we often deal with money in an abstract way. We pay for products using a credit card. We pay the statement online. We deposit money in an account. This abstract way of dealing with money works for us because we’ve had years to become familiar with it. Children aren’t prepared to handle that level of abstractness.
Instead, you should teach them about money in a direct and physical way. If you’re a parent trying to teach your kids lessons about saving and spending, follow these simple steps…
Read the full article at the link below.
5 Steps to Teach Kids About Spending vs. Saving – My Money (usnews.com).
