• Use containers to separate your child’s money according to categories – Spending, Saving, Donations, etc. As your child gets older, these decisions can become more inclusive. Also, depending on your family’s beliefs, you may wish to include 10% Tithing, not include donations, etc.

• Open a Savings Account. This will teach your child about earning interest, about how a bank works and the rewards or saving money.

• Reward your child for saving money. You can provide a type of interest on the amount of money saved. It can come in the form of adding funds to help your child buy a toy they’ve been saving for, or stickers.

• Include math in all you do. Help your child use addition, subtraction, etc. according to their ability when they are managing their money.

• Use websites to keep your child interested in learning more about money. For example, TheMint.org has information for children, parents and teachers.

In order for you to teach your children to manage money, it is imperative that we parents know how to budget our money. I suggest Guide to Family Budgeting because it helps you set up a budget that is easy to stick to and change our thinking about saving and spending. It also provides tips for educating your children.

Review: 18 songs for children from pre-school to about age 7 or 8 to help with number recognition, counting, simple addition, multiplication, letters, motivation, counting money and prayers. The music is soulful and includes hip hop, rap, and even children singing. There are some songs with a speaking too. Please note that this is a Christian related CD.

Listen: You can listen to every song on the CD and download them to an MP3 player.

Buy: Purchase the CD for your children, as a gift or for your favorite teacher for $17.49. Right now if you purchase more than one save 20%.