Teaching children the value of money is essential for their financial literacy and future success. It helps them understand the importance of budgeting, saving, and spending wisely.
There are many ways to teach children about money. One way is to give them an allowance, which can help them learn about budgeting and saving. Another way is to have them help with shopping and other financial tasks. This can give them a sense of responsibility and help them understand how money is used in the real world.