The best way to teach children about how to save and spend money is to teach them the value of money!
My students attend a title one school.
Most of our families are low income and receive free or reduced lunch. About half of my class is ESL, and have parents who speak little or no English to help them with their continued learning at home. My students are energetic and excited to learn new things all the time!
If a student can get their hands on manipulatives to help them with their learning, they have a better understanding of what they are learning. If my students had actual coins and games to play to help them learn about coins and count coins they would be able to understand the value of money better.
If a child doesn't understand the value of money when they are young, they won't understand the value of money as they grow older.
I feel that teaching them the importance of money will help them, in some way, to better manage their money in the future.
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