Money Matters

10 Money Principles Kids Should Learn

10 Money Principles Kids Should Learn

Hey guys! I’m still on self-imposed hiatusΒ (wow it’s been 10 days since I last wrote something here!), and while things are getting better, I still need to use my time for prayer because our struggle is not yet totally done. Thank you Lord for the developments and please grant our prayers!

Meanwhile, MoneyMax PhilippinesΒ sent me a very awesome infographic that made me rethink how I’m raising my son in terms of handling money. He has just turned 4, but kids are never too young to learn about finances! In our case, he’s started to keep his own coin bank. It’s a start, but this infographic — 10 Money Principles Kids Should Learn — inspired me to do more!

Here ya go!Β (Trust me, it’s awesome.)

10 Money Principles Kids Should Learn

I’m actually inspired to write more finance-related posts again, just like what I used to do in my old blog, Finance Fridays. What do you think?

PS: I’ll be back as soon as I can. Please wait for meeee!

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22 Comments

  • Reply Jerzee Benavente; Coffee and Beyond April 27, 2016 at 10:12 am

    Thanks for sharing Maan. I agree that children has to learn early on how to manage their money so they will be wise enough to handle their finances when they grow older. Yes, it’s never too early to learn. Adults like us sometimes or more often times needs to get reminded of these too! I will let my young ones read your tips! Thanks again!😊

  • Reply Coi April 27, 2016 at 12:08 pm

    That’s interesting! I think this is just right for kids these days because most of them don’t know how to value money. Hehehe! But I, myself, is also not good with money, though I think I’m getting there. I’m trying very best to use our money wisely hehe! Thank you for sharing! πŸ˜‰
    Coi recently posted…Live with the KingMy Profile

  • Reply Charley's Mommy April 27, 2016 at 6:23 pm

    I agree with you, Mommy!! Save early and save often! πŸ™‚ thanks for sharing. This is such a relevant post. πŸ™‚

  • Reply Neri Ann April 27, 2016 at 7:59 pm

    The kids are still young but I make it to a point that they’ll have savings once their age is appropriate na and when they can fully understand it. Right now, they already have their Junor Savers account where I put all their pamasko’s and gifts from their godparents.

  • Reply Ming April 27, 2016 at 9:03 pm

    Everything stated in the infographic is true! Teaching kids the value of money is a must. For them to learn the value of hardwork to make money and for them to value also the stuffs we buy. Some kids nowadays don’t understand that it is not easy to earn money eh which will make their lives difficult when they grow up.
    Ming recently posted…Quick Adventure at Yexel’s Toy MuseumMy Profile

  • Reply Sarah Tirona April 27, 2016 at 9:45 pm

    really good points maan! and i love how they simplified it via the really cute infographic!

  • Reply Pam / Hey, Miss Adventures! April 28, 2016 at 3:48 pm

    Looking forward to more Finance Fridays, Maan! I have not been on track for the past months so… need lots of inspiration and motivation.

    • Reply Maan April 29, 2016 at 9:03 pm

      Me too! Overwhelmed pa ko sa life — dapat i-priority usab ang finances πŸ˜€

  • Reply Maria Teresa Figuerres April 28, 2016 at 7:07 pm

    Most kids these days don’t have an idea of the value of money. We just recently opened a bank account for our son to teach him how to save.
    Maria Teresa Figuerres recently posted…Not All Milk Types Are the SameMy Profile

  • Reply kareenliez April 28, 2016 at 8:20 pm

    This is a nice infographic since it could help kids to value money more and yes, it is indeed important to teach them how to save.
    kareenliez recently posted…Developing Healthy Eating Habits in ChildrenMy Profile

  • Reply berlin maynigo April 28, 2016 at 9:09 pm

    I agree with you on this. When I like something I saw, I will always ask myself first, is this a liability or a need. Anything small that occupies space in our house is considered a liability so I train myself not to buy picture frames or mugs, for instance, just because they appear so pretty and nice. I hope I am able to pass this training to my boys so they would know as well when to buy and not.

  • Reply jared's mum April 29, 2016 at 9:59 am

    A very enlightening infographic. It really is a must that we raise our children to be moneywise and this is a great tool to do so. Thanks for sharing. I hope your struggle ends soon so you can go back to writing here on your blog. God bless! πŸ™‚
    jared’s mum recently posted…5 Family Camping Traditions That Will Last for GenerationsMy Profile

  • Reply Janice April 29, 2016 at 11:42 am

    Nice infographic! The tips are great as well. It’s never too early to teach our kids lessons about financial management.
    Janice recently posted…Orbik: On Energy Efficient Lighting SolutionsMy Profile

  • Reply Edel April 29, 2016 at 8:08 pm

    At a young age, we’ve already taught my daughter that money doesn’t grow on trees. We only give her an allowance just enough for some snacks and for emergencies. And for extra pocket-money, her Dad sometimes ask her to do some encoding stuff, make PPP, layout work (we have a small publishing business), etc. She gets to earn more than just an allowance. And sometimes, some friends also asks her to make PPP for them, so that’s extra money for her. And she’s kinda thrifty, and not an impulsive buyer. She deposits most of her money in the bank.

  • Reply Ma.Me.Mi.Mommy April 29, 2016 at 8:39 pm

    This reminds me that I haven’t gotten back to MoneyMax yet. Ay! Haha! Thanks for sharing!

  • Reply Louisa April 29, 2016 at 11:32 pm

    I’m hoping to teach my children money principles. I hadn’t grown up with these and seem to struggle. Hopefully my kids won’t.
    Louisa recently posted…A Joy-ful Friday with Free Chicken McDoMy Profile

  • Reply Nina Sogue April 30, 2016 at 1:06 am

    This infographic is super cute! I’m not that good with handling finances so this is helpful for me. I hope I’ll be able to teach this to my son when he becomes of age.

  • Reply May Palacpac April 30, 2016 at 6:15 am

    This is good. I’m actually thinking of using your chart to teach my kids about finances this homeschool year. πŸ™‚ and yes, please do write more about it.
    May Palacpac recently posted…My kids’ progress in Filipino at The Learning LibraryMy Profile

  • Reply Arlene May 4, 2016 at 5:56 pm

    I love the way your blog looks. It’s clean, neat, and organized. It’s so refreshing in the eye, and it’s worth anyone’s time to read. Keep it up, mommy!
    Arlene recently posted…Is Prenup Agreement Part of God’s Design For My Marriage?My Profile

    • Reply Maan May 6, 2016 at 3:01 pm

      Wow thank you so much! <3

  • Reply Arlene May 4, 2016 at 6:39 pm

    I agree with this. When children are very young, we can work money concepts into our child’s imaginary games, like playing pretend store or restaurant. Thanks for sharing these tips on how to introduce finance to our children.
    Arlene recently posted…Broke and Generous: How Do I Give When My Pocket Is Empty?My Profile

  • Reply Jane Allen June 11, 2016 at 9:51 pm

    I agree children have to be taught money-management skills early. I’ve had to teach myself as an adult and I’m still struggling but I want my kids to be equipped to handle money so money does not master them. The Infographic is on-point.
    Jane Allen recently posted…5 Comfortable Recliners Under 200My Profile

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