Teaching Children Economics

The Importance of Pocket Money

Dr. James Lane | Posted 26.08.2012 | UK Universities & Education
Dr. James Lane

Pocket money is a great way of introducing children to learn financial literacy from an early age. Giving children the opportunity to earn more money through additional chores will help children begin to understand the financial benefits that come from hard work. Furthermore, it is imperative that we also teach our children about their role as a consumer.