Now that my daughter was about to turn a cute 7, I decided it was time to start her pocket money initiation. Of course I didn’t get anything as a kid, and I always make faces at her, telling her she gets so much more than me, to which she always gives me a cute smile, now a toothless smile too!
So coming back to pocket money, I knew I wanted to start her on the concept, but wasn’t sure how to begin. Of late, I realised she was getting smarter about money, and was understanding more about saving and talking money before buying something.
I was already preparing her to understand about simple finances, and what are her needs and wants, which is something she is also learning in her Grade II Business Studies class…hahaha…..business studies at age 7, not bad.
So there were a few things we did to make her understand the concept of money: