- Identified different types of coins and bills
- Learned the value of each coin and bill
- Practiced counting money
- Understood the concept of saving money
- Learned how to make simple purchases and calculate change
To continue developing money management skills, parents can encourage their child to:
- Play games that involve counting money, such as Monopoly or The Game of Life
- Set up a pretend store at home and practice making purchases and giving change
- Start a savings jar and encourage the child to save a portion of their allowance or earnings
- Discuss the importance of budgeting and making wise spending decisions