Many parents think that it is good to teach children about the value of money?Why do you think it is important to teach them the value of money?In what we can teach them the value of money?

Many
parents
believe that children should learn to value
money
since young. In my opinion, the main reason for
this
is
money
is a survival essential in society. Education on financial management should be done primarily by
parents
followed by support from the school.
To begin
with, every individual needs
money
to survive a living. Every basic life essentials have a price to pay, namely food, clothing, electricity, water and a place to stay. On top of that, quality of life in terms of healthcare, eating
habits
and education only improved with more
money
. Proper education about financial management should start young while
parents
play the primary role in
this
. It is because kids spend the most time with their
parents
, and will be directly influenced by their spending
habits
and saving habit.
On the other hand
, schools
also
play important role in helping train children on saving
money
. Multiple campaigns can be held at school to promote good earning and spending
habits
such
as involving students in organising carnivals. In conclusion, children should cultivate proper spending
habits
since young and
parents
should play the primary role in that.
Submitted by callykohkkl1993 on

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