GUEST BLOGGER: KATHY RIGGS, USU EXTENSION PROFESSOR ![]() True story: Three siblings ages 9, 6, and 4 offered to do some yard work for a neighbor (It might have been me!). At the end of the project, the neighbor decided to reward the two older workers 50 cents each and the 4-year-old 35 cents based on the perceived amount of work done. When the 4-year-old was given a quarter and a dime, he handed the dime back to the neighbor saying, “I don’t want this, I want another quarter.” Evidently, this youngest sibling knew he was being short-changed! So, at what age should parents begin teaching their children the value of money - earned or gifted? Below are five things children should know about money by the time they reach middle school. Concepts for age 3-5 years
Concepts for age 6-10
Teaching your children key concepts about earning, saving and spending money is a smart move to save your child from developing poor habits to be carried into adulthood. ________________________ Kathy Riggs is an Extension Professor with expertise in Home Food Preservation/Storage and 4-H Afterschool programming. I also dabble in several other areas including Financial Management! In my time outside of work, I participate in regular therapy sessions puttering in my yard and garden. I also love to hang out with family and spend time in the kitchen.
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