Teaching your kids the value of money - AmericaNowNews.com

Teaching your kids the value of money

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Want your kid to learn about money? Money Expert Nathan Bachrach says teach them at home, and start early.

Get them a piggy bank when he or she is little. Explain what the coins are worth, and how to count them. Their math teacher will thank you!

Give them a weekly allowance and help them develop savings goals — a favorite toy is a good way to start. Matching their savings can be helpful, too. 

When they get a little older, open up a bank account for them and show them how it works. 

And let them make mistakes with their money — Bachrach says that's a great way to learn, too.

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