All parents find themselves dealing with money issues with their children.
This can be frustrating and even downright embarrassing. There are specific steps you can take to help your child learn that money is not unlimited, that it must be earned through work, and that spending it means making choices. You can help your child develop good money sense now that will last a lifetime. How to Begin By the age of three most children can identify certain coins, understand that money is used to make purchases at the store, and that money needs to be kept in a safe place. As your child grows older, you can add information to these concepts.