Learn Through Earning
Ariana M. of And Here We Are suggests letting your child learn about money by earning some for herself. "Teach her about saving it, counting it and using it for something she really wants. We did a lemonade stand this summer when my daughter kept asking us for a playhouse. We told her how much they cost, and worked out with her how much lemonade she would have to sell to earn it. We also had her pay for her own supplies, to learn about spending when necessary to make a profit. I am really happy to say that she worked hard all summer selling that lemonade, and actually earned enough to buy the play house! It was extremely gratifying, and I think she learned a lot about money through the experience."