When is the right time to start teaching children about money

I would say one should start as early as it appears the child has the ability to understand that money has value. We started our sons off around age 5.

age 7 to be will be much appropriate or above.

It is never too early to teach about finances.

There is no age ..it's best to start as early as possible.

2 years old is the best time to start.

May be at the age of 5. At that age children start understanding... I used to go to the market with my mom and she always used to say money should not be spent unnecessarily..

I know she might have been to young to really understand , but we set up a couple of piggy banks for Aria when she was under 2 . We started putting pennies and other odd change in it. Now (she will be 4 next month) every bit of money she gets she puts into her little bank, when its full we transfer it to the bigger bank. and so on .. She now has a cookie jar that has almost enough to start her bank savings account. When we get the bank saving account started , we will start over with her banks. She likes adding the change herself.

Around the age of two, before they even really understood what money was, I had both my girls start putting change in their banks to teach them to save money. As they got older, I explained what the coins were and started to teach them their value. When they got old enough, I would take them to the dollar store and let them pick out something and let them pay for it with their own money. They loved that! I think it worked, because so far both my girls are good with money.

When they turned 2. Each of my 3 got piggy banks at age 2. Mostly it’s coins but some times they get build. So they put their money in there banks where it sits till it gets full. Then we take it the bank. When they money for birthday or Christmas we normally take half of what was give them and they can buy something with it and the rest goes into the bank. They all have there own savings account for when they get bigger.

hmmmm at 10

I think it should be as soon as possible. If they can understand the concept of paying for something then that is the time