It is never too early to introduce your children to the concept of money management and good financial habits. That includes teaching kids couponing and other strategies for saving money.
Starting Young Makes Sense
Ingraining financial responsibility in children’s minds from an early age can set them up for a lifetime of success, free from headaches and worry. Don’t wait until your kids are off to college to teach them about budgeting and keeping a ledger – get them started today!
But where do we even begin to teach kids couponing and other money-related concepts?
How to Start as a Parent
Young children can start learning about money through simple coin and bill recognition. What does a dime look like?
How much is a nickel worth? Then, you can teach them that these bills and coins can be used together to purchase items they like.
An Exercise for Kids Couponing and Saving Money
To get them thinking about saving money and living more frugally, try an exercise like the one below. It will challenge them to find a lower price for an item they want.
Have your child choose a toy or special treat, such as a pizza or favorite snack item, and help them find a coupon for it. If they are able to find a coupon for that item, reward them by buying that item the next time you are out shopping.
Kids Couponing Game
By teaching your children how to be frugal, you are encouraging them to develop good money management skills and healthy spending habits. After playing this game a few times, you may even find them clipping coupons on their own!
Click below to access the fun coupon worksheet for children:
Are you teaching your little ones about money yet? If so, what techniques work for your family? Comment below!