How Do You Teach A Seven-Year-Old The Value Of Money?

Sophia and I are running behind on school, but I am not worried at all. I am sure we will do fine. Like I always tell her, I do not care about stars and honors etc. What’s important is she learns the basic skills needed to succeed in life.

She is lucky that her mother is not only cool, but is also a financial advisor. I am not claiming to be an expert or anything, but that is my official title, and I know a thing or two.

In my opinion, before a person is able to handle money well, he or she needs to know its value first. I just asked my daughter what money means to her. “To pay for stuff, to buy stuff, to stay healthy by eating well, etc”. Today I found out my seven year old thinks of money as a tool to acquire stuff and pay bills.

Oh my gash! Where do I begin?! I feel guilty on not starting earlier, but never too late right? First of all, my darling, yes, money buys stuff, but for me it is not the stuff per se that matters. It is what those things represent. For instance, when you pay the power bill, we are using money to have the convenience of using electric appliances and to see better at night when it is dark.

Now in order for you to appreciate the things that it can buy, will teach you how to make money first.

#ToABetterSarah #RaisingSophia #LifeIsBrighterUnderTheSun


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