Why buy a cake together with friends?

A little girl wants to buy a cake. But the cake is not selling in pieces. The cake priced at $6, but she only has $2. To purchase the cake, she has to find the other $4. She starts looking for her friend that has the same interest in buying Read more…

Teaching Kids About Money Spending

What we do in spending? Buy things that we need. Buy at reasonable price. Give your kids some money, like $2, in a supermarket and have them make choices about what fruit to buy,  to give them the experience of making choices with money. Talk about needs vs. wants. Help Read more…

Not enough money to buy a toy?

Teach your kids on saving money without giving them more when they want to purchase something that costs more. When your kid wants to buy a toy that costs $5. You only have to give your kid $1 per day. Your kid might want to spend the $1 to buy Read more…

What is Money?

Money is any object that is generally accepted as payment for goods and services. In short, money can be anything that can serve as three functions below.