Children can do additional tasks to earn money for their spending plans. Children need to distinguish between shared responsibilities as members of a family and responsibilities that earn them money. This lesson introduces young children to activities and ideas for earning money. The money earned helps children meet their financial goals. Remember that the financial goals for a preschool-aged child may seem simple to an adult, but they are not simple to the child.
Children learn the concept that money is a reward for working.
Understand that money is limited in quantity. Classroom Task Chart Create and use a classroom task chart to help students learn to share in responsibilities for things that need to be done. Reward students with play money for their work efforts. Letter to Parents Help students recognize their work efforts at home. Discuss with children the concept of money as an exchange for work.