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Money is an important and vital part of everyones everyday lives, it's why we go to work, how we have a roof over our heads, how we have food in our stomach. It is therefore important that we teach our children about it sooner rather than later, but clearly it is something that needs to be tailored to suit their different ages. I'm not sure at two years old, Ethan would be able to quite grasp the concept of what money is, but it is something I intend to teach him about just as soon as he and we as parents feel he is ready. So how do you teach your children about money? Here are 5 simple ways to help educate children about managing money.

how to teach children about money
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