Archive for June, 2008

In this fast pace world, everyone needs to be financially literate right from the early stages.

Of course, teaching kids about money needs a basic knowledge of money among the kids.

So, start teaching the value of money to your child as soon as they are able to count and distinguish various coins/rupees.

However, teaching kids about money and money management is one of the toughest challenges that any parent come across. Here are some tips to follow while teaching your kids about money.

Teach your kids money skills

• Giving pocket money is one of the best ways to teach about the value of money. This helps them to learn how to spend and how to save money for future purposes.

• Start giving pocket money in small amounts. Moreover, give pocket money with various coins or rupees. This helps the kid learn the value of money and the difference between each coin/rupee.

• While giving allowances to your children, offer it with some denominations for savings. This encourages the kids to save their pocket money as much as possible.

• Try to play money exchange game with the kids, whenever you feel free. Exchange huge amount of money for several small amounts.

Fire safety and fire escape plans are fundamental parts of staying secure and alive.

Of these essential parts, the most significant one is to ensure that the kids know about fire safety from a very young age.

‘Fire safety for kids’ is one of the most essential topics that parents need to teach their children.

Fire is one of the primary causes of children’s accidental injuries and deaths. Every year children sets more than 100,000 fires. Of these, around 20,000 are set in houses.

Today, fire safety education program for children has been started by the National Community Fire Safety Center in order to create awareness among the children about the dangers of fire, how to prevent accidental fires, what to do to put off fire accidents, and how to develop the skills to be safe from fire.

Teaching your children about fire safety needs to be the major part of your fire prevention plan. As a parent, when teaching fire safety for your kids, try to establish a set of strict rules that each and every member of your family understand thoroughly, take it seriously, and comply with.