Is Money sense about Saving?

When I tell people I do workshops on MoneySense for children, they immidiatly tell me- "Good, children these days need to learn to SAVE."

Saving is not the only aspect of Money management. We need to spend too. What is the point of earning money when you cant spend.

Money sense is about knowing how much to spend and save, where to spend it and when to spend it.

The idea is that children learn to practice a method from young so that it becomes a habit by the time they are grown up. :)

Money Sense for Children

Last weekend, I conducted my first workshop on Money Management for age group 8-12yrs old.

The workshop was interactive and we had role play and games to understand Money, also the common mistakes we do with money. Actually, I learnt a lot from the children. They were so open with their views and didn't have any inhibitions expressing their views. We finished the workshop with their Dream clouds for Money Goals.

Some Feedback from Parents and participants.

"I loved the roll play and the Dream clouds- Anushka- 9 yrs old"

" I know my needs and wants now- Vignesh-12 years old"

"I really enjoyed reading their Dream clouds- what they wanted and what they sensed was important- it is a great tool to teach kids a very abstract subject (and helps a busy mom learn what is important to her kids!) Thank you for a great afternoon for my girls!"- Nancy Frohman.

" My daugther is now a Price detective. She check the prices of items before she buys"- Kavitha

I have a few more workshops lined up for the holidays and looking forward to more fun.

Money and Children

Are you thinking if I am going to talk about the financial implications of having Children.

No. I am very proud of being a parent. I strongly believe that Money cannot give the happiness my child gives me. Ofcourse, how many children is another question!

I want to talk about money and its influence on children.

• Do they associate love with money?
• Do they value friends based what stuff they have?
• Do they care about the difficulties that parents go through?
• Are they grateful for the life they have?

The questions can go on.... Send me your views on Money & Children... Would love to hear from you.