Kids know that their parents are the ones responsible for buying them the stuff they need. They do not know the value of money but if you start teaching them smart money habits while they are young, aside from learning early, they will also have a great value for money as they grow up. Let me give you some smart money habits that you can pick from and apply to your kids.
Do not waste food or buy too much
This may not be directly related to figures but we have to make sure that our kids are aware that we spend money to buy food. Kids may be fascinated with an ad they saw on television about a food craze and they want to taste it too but they end up not liking them so they don’t eat them at all. Wasting food is equals to wasting money you use to but it.