As children grow, they’re often exposed to financial situations, whether it’s tagging along during grocery runs, receiving money for birthdays, or choosing between toys at a store. These everyday moments naturally spark curiosity about how money works.
Rather than waiting for them to learn about finances later, parents can use this curiosity as a starting point for meaningful lessons. These can be as simple as explaining where money comes from, like salaries or allowances, to more structured habits like opening a savings account in the Philippines. With their parents’ guidance, children can develop a strong foundation for financial responsibility.
Let’s go through some of the first money lessons you can teach your child, from understanding the value of money to helping them manage their own savings:
