Teach Your Child Money Matters

Habits formed at a young age can stay with us for a lifetime. That’s why it’s important for children to learn as early as possible about how to manage money correctly.

Smiley has created these child-friendly lessons to help you Teach Your Child Money Matters.

Lessons are designed to help them learn through experience; with careful consideration for local needs and the schedules of typically busy Singaporean families in mind.

So pick a lesson and let’s start learning! Be sure to check back regularly as we’ll add new lessons every fortnight.

Lesson 1:
Introduce your child to the value of money

Help your child appreciate the value of money by having him/her earn his/her own allowance. Let’s see how to put this into practice.

Lesson 2:
“Mummy, how can I buy a big house?”

Let us help you answer this potentially tough question, and teach your child an important lesson on smart spending along the way. Let's explore this activity.

Lesson 3:
“Daddy, when can I buy a real car?”

Explore the pros and cons of owning a car and help your child understand the crucial difference between needs and wants. Let's go.

Lesson 4:
“Why do we help strangers?”

All children have a natural tendency to help others. Nurture this positivity in your child, and you can make a real difference in our community. Let us show you how!

Lesson 5:
“Why did you tap your card at the cashier, Mummy?”

As cashless payments become more common, we have designed a fun family activity to help your child understand them better.Learn more.

Lesson 6:
“Why can’t I spend all of my pocket money?”

Inculcate financial wisdom and discipline in your child with this activity and help him/her develop the habit of spending within his/her means. Let’s begin!

Lesson 7:
“Daddy, I want that toy!”

Instead of replying to this demand with a “No”, use it as an opportunity to teach your child about saving for a goal. Coming soon!

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