Emerson Tenley May 1, 2020 Money Worksheets
Although preschool workbooks are popular, many parents like the convenience that is associated with printable preschool worksheets. The only problem with printable preschool worksheets is that they can use up a lot ink, especially if the selected preschool worksheets are in colored ink. To save yourself money and printer ink, you may want to search for preschool worksheets that are in black and white.
Now for the fun part! Encourage your kids to spend their money wisely. Teach them how to shop for bargains and what value the toy or item might provide long term. When my kids were growing up, I strongly encouraged them to spend wisely on a hobby or a collection and learn as much as they can about the history behind the collection. My son at ages 5-9 years old, collected toy tractors and had every type, design, style, manufacturer, and specifications memorized. He knew more about tractors than most farmers! When he got older he repeated the passion with his train collection, later still, with WWII memorabilia.
One way to teach them about money is to make a game out of it. Have some change available and let them win the change when asked a question. Make each question a different value. An example would be question number 1 would be worth 3 cents. Lay the money out for them to choose the three cents and if they do it correctly the first time they get to keep the money. Have some prizes at the end of the game so that they can purchase items again counting back the money to you to make that purchase. This will teach them how to count with out them realizing they are learning. To them it is just a game but they will learn how to count money.
Just because your child will be playing fun online games doesn't mean the same value won't be there. Create a comfortable study zone. Turn off outside distractions such as cell phones, radios or TVs. Make sure your child is not tired or hungry so that he or she can focus all attention on learning. Also try to keep the lessons consistent with what is being learned in school. A quick chat with the teacher or signing up for an online newsletter from the classroom are ways to keep tabs on the lesson plans.
As parents do, kids will do. Taken as an extrapolation from the popular saying, "Like Father, Like Son," there's some truth to what we do as parents, our kids will take into their adulthood. So instill good habits now for lifelong benefits.
Most kids get a weekly allowance without any accountability and are free to spend as they wish. I submit that kids should earn money for doing some simple chores (yes, even at 5 years old). You can further entice your kids to earn even more than their weekly chores by doing additional jobs that fall outside their normal responsibilities. Once they see their earnings adding up, you'll be surprised how hard they can work! As the money starts to accumulate, now is the time to further the learning process by defining how kids should manage their money.
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