{"id":1222,"date":"2013-07-19T18:33:00","date_gmt":"2013-07-19T22:33:00","guid":{"rendered":"https:\/\/goday.ca\/blog\/?p=1222"},"modified":"2021-09-30T11:14:04","modified_gmt":"2021-09-30T15:14:04","slug":"teach-your-kids-about-money","status":"publish","type":"post","link":"https:\/\/goday.ca\/blog\/teach-your-kids-about-money\/","title":{"rendered":"Teach Your Kids About Money"},"content":{"rendered":"<p>Teaching your children about money can be frustrating if you don&#8217;t know where to start, but educating them about spending &amp; saving early is imperative to building healthy budget habits for the future.\u00a0 It&#8217;s never too early to start indoctrinating your kids with <a title=\"Finance 101\" href=\"https:\/\/goday.ca\/education\" target=\"_blank\" rel=\"noopener\">smart money habits.<\/a> Start with the classic &#8211; the piggy bank, or a fun container that they get to choose and decorate (provides you with an afternoon craft at the same time!).<\/p>\n<p>Kids can start saving for little goals at a very young age, so encourage them to help out around the house and offering pocket change for jobs well done. Attempt to differentiate the values of different items when shopping with them, and most importantly, the difference between a needed purchase and a desired purchased (need vs. want).<\/p>\n<p>Check out the infographics we&#8217;ve curated for you all in one place, you know, in case you&#8217;re not sure where to start. It&#8217;s okay, we won&#8217;t tell if you won&#8217;t.<\/p>\n<p><a href=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/07\/0b5bc47c831b3c0ad2eb3eb62c45a3ed.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-1323\" src=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/07\/0b5bc47c831b3c0ad2eb3eb62c45a3ed.jpg\" alt=\"0b5bc47c831b3c0ad2eb3eb62c45a3ed\" width=\"736\" height=\"952\" srcset=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/07\/0b5bc47c831b3c0ad2eb3eb62c45a3ed.jpg 736w, https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/07\/0b5bc47c831b3c0ad2eb3eb62c45a3ed-232x300.jpg 232w\" sizes=\"(max-width: 736px) 100vw, 736px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<div id=\"attachment_1324\" style=\"width: 630px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-1324\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-1324 \" src=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/07\/httpstatic3.businessinsider.comimage4f54fa9969bedd4428000004kids-saving-family-money-infographic.jpg.jpg\" alt=\"Source: Doughmain.com\/savings\" width=\"620\" height=\"2171\" srcset=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/07\/httpstatic3.businessinsider.comimage4f54fa9969bedd4428000004kids-saving-family-money-infographic.jpg.jpg 620w, https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/07\/httpstatic3.businessinsider.comimage4f54fa9969bedd4428000004kids-saving-family-money-infographic.jpg-86x300.jpg 86w\" sizes=\"(max-width: 620px) 100vw, 620px\" \/><p id=\"caption-attachment-1324\" class=\"wp-caption-text\">Source: Doughmain.com\/savings<\/p><\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div id=\"attachment_1329\" style=\"width: 1010px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/07\/The-Economic-Times-Wealth-May-28-June-3-2012.jpg\"><img aria-describedby=\"caption-attachment-1329\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-1329\" src=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/07\/The-Economic-Times-Wealth-May-28-June-3-2012.jpg\" alt=\"Source: The Economic Times Wealth, May 28-June 3, 2012\" width=\"1000\" height=\"1595\" srcset=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/07\/The-Economic-Times-Wealth-May-28-June-3-2012.jpg 1000w, https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/07\/The-Economic-Times-Wealth-May-28-June-3-2012-188x300.jpg 188w, https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/07\/The-Economic-Times-Wealth-May-28-June-3-2012-768x1225.jpg 768w, https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/07\/The-Economic-Times-Wealth-May-28-June-3-2012-642x1024.jpg 642w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/a><p id=\"caption-attachment-1329\" class=\"wp-caption-text\">Source: The Economic Times Wealth, May 28-June 3, 2012<\/p><\/div>\n<p style=\"text-align: center;\"><em>Remember, if you need a<a title=\"Short Term Loan GoDay.ca\" href=\"https:\/\/goday.ca\/\" target=\"_blank\" rel=\"noopener\"> short term loan<\/a> before your next pay day, head on over to GoDay.ca to apply!<\/em><\/p>\n<p style=\"text-align: center;\"><em><a title=\"Apply Now at GoDay.ca\" href=\"https:\/\/goday.ca\/application\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/goday.ca\/blog\/wp-content\/uploads\/2013\/06\/applynow-btn.png\" alt=\"Click here to apply now!\" width=\"117\" height=\"39\" \/><\/a><\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Teaching your children about money can be frustrating if you don&#8217;t know where to start, but educating them about spending &amp; saving early is imperative to building healthy budget habits for the future.\u00a0 It&#8217;s never too early to start indoctrinating your kids with smart money habits. Start with the classic &#8211; the piggy bank, or [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[10],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v20.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Teach Your Kids About Money<\/title>\r\n<meta name=\"description\" content=\"Teaching your kids about money early will reap benefits for a lifetime.\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/goday.ca\/blog\/teach-your-kids-about-money\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Teach Your Kids About Money\" \/>\r\n<meta 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