7 Realistic Tips For Raising a Money-Conscious Child

However, just as you don't want to completely shield your child from all financial realities, you also need to introduce concepts and rules that are realistic for their age. Starting with the basic concept of a piggy bank and distinguishing wants versus needs for small children to discussing long-term and short-term goals with teens, consider their age when you break down the specific concepts that you'd like to teach your child.