teaching kids about money; money lessons; using credit cards with kids; using cash; learnng about money; t he value of money;

Kids Don’t Understand Money. Part 1

by Betsy Brown Braun on March 4, 2024, under Brat-Proofing, Child development, Elementary School Children, Parenting, Toddlers

True story: The dad took his 7-year-old son to a funky donut shop he had heard about, a shop which took cash only. No credit cards, no Apple Pay. “But Dad, how can we pay for this?” the worried boy asked, fearing he wouldn’t get his donuts. The dad took out his wallet and found a couple of bills. The rest of the story is not important for now. What it does illustrate is today’s kids’ dwindling knowledge of real money. A different parent shared with me that her 6-year-old not only couldn’t … [Read more...] about Kids Don’t Understand Money. Part 1

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