Nancy Itzel May 1, 2020 Money Worksheets
Encourage your youngsters to save at least 10% (a good benchmark through adulthood) of every dime they receive. The money can be put in a local bank or credit union for saving for special items, Christmas presents, or some other goal the child sets.
Once my son started working a real job and had taxable income, I made him a deal that if he started an IRA with $500 and $50/month, I would match for the first year. After a couple education sessions, he jumped on it! It's a great way to jump-start their retirement savings AND further teach the greatest wonder of the personal finance world: compound interest.
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.
Another one of the many ways that you can go about saving money with preschool worksheets is by using photo protectors. These are pages that you can slip photographs into to protect them. It is possible to find photo protectors that are designed for full pages, like preschool worksheets. You can simply slip each preschool worksheet into a page protector and give your child a dry erase marker. Each time that they are finished, you can wipe off the marker and the worksheet is good to go, again and again!
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.
Home schooling your own children can seem overwhelming with everything that you will be required to teach them. But if you take the time to make a plan you will have everything covered easily and teaching them what they need to know in life. One of the most basic things that you will have to teach your children is how to count money. This can be done when they are just starting out in school. There are some easy ways to teach them and they will learn quickly.
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