At 6 years your child is aware of the concept of money. They are capable of counting and understanding what their parents are doing. This is the right age for helping them to grasp the basics of money and money terms.
Read simple stories understand concepts and play games to help them understand the concepts of money.
At this age, we introduce the basic concepts of money and what does money help you to get. Basic understanding of Needs and Wants, what happens in a bank and other simple stories help lay the ground work for future understanding.
An emergency fund is some money kept aside to be used in case of any emergency. In this episode, we will understand the importance of
There are some major difference between a debit card and credit card. A debit card will only use money that is existing in our bank