By Meaghan Montrose
Money education is important for everyone. If you wait until your children are adults to teach them about finances, you are missing out on many important lessons. Providing your child with a good understanding of money should start as soon as four years old!
Amanda Steinberg of DailyWorth has written a guest post on GetRichSlowly.org. Her post, Mother Knows Best: 5 Ways to Teach Your Kids About Money, provides advice for how and when parents should teach their children about finances. Amanda suggests starting the money-saving lessons at four years old with basic concepts of allowance.
This is helpful advice for all parents. Go to the post for all the details.