Think it’s too early to talk about money? Actually, you’re late. JK, but really, starting early is an important part of forming good money habits.
Start here.
Obviously your kid doesn’t need to know how much money you earn, or how to pay an electric bill (although… super handy), but it’s worth chatting about how people earn money. What would your four-year-old like to be when they grow up? A robot fireman ballerina? Whew. Think of the pension!
Seriously, though, now that earning’s covered, it’s a reasonable time to talk about saving and why it’s so important. Patience + persistence are financial habits which, cultivated now, will likely stick with your child for life. Of course, patience + persistence may seem impossible to cultivate in a four-year-old. So, we like this tip…
Whoa.
The “Batman Effect” suggests that kids will stay with a task longer when they imagine themselves as someone (or something) they believe is a hard worker, like Batman. We’re more of a Miles Morales type of outfit, but anyway, this is a simple way to connect your child’s favourite heroes with some wise financial habits.
