Giving to others also should be encouraged. Children can spend money to buy gifts, or they can use their own time and energy to make gifts. Parents can encourage even young preschool children to decide on gifts themselves. Mrs. McCall may save time by selecting a gift for her son Tommy to take to a friend's birthday party, but Tommy will learn little about deciding on gifts or the joy of giving. The pleasures of gift giving and gift receiving are positive aspects of life we all enjoy.
Money means different things at different ages.
As children grow they expand their money management abilities, with the early years providing the foundation for later growth. Therefore parents need to provide real opportunities to learn about money starting in the early years and expanding on these beginnings as children grow. Here are some ideas to start you thinking about activities you can try with your children. Add your own ideas to these lists. During the early years before children enter school, concepts of number and time are limited.