Good way to teach kids about money?

Great to get started now!  So many parents didn't do this, and schools never did this.

Jobs that they are responsible for even not getting paid.

Teaching children that the order is earn, save, invest, spend...everyone does spend first for some odd reason.  And showing them each.

Praise always works best, as well as leading them by example (without letting them into too much of the adult world of course)

Here is a great primer 

 Also, if you can, find an organization in your community for junior entrepeneurs.  And please, if you get a chance, talk to their school, PTA, or community group about just an introductory course on household finances:  opening an account, simple taxes, paying bills, debt, credit cards, interest, minimum wage, job responsibilities and safety, resume writing, etc. 

You can get them to do some chores around the house and pay them allowance for it. You can ask them if there is something they want to save money for and then make them come up with ideas on how to raise the money(sell lemonade, walk dogs etc.). When you walk with them through the supermarket teach them about smart consuming and how one should organize his expenses.

I'm a retired banker......I can only tell you what I have done...I will say my children are good at earning, as well as saving $$$$...

I don't know the ages of your children....But when old enough to sign their name, they should have a bank account with your name on it also....Earned monies should be deposited...They should be aware of what they have and the growth....Around 15 - 16, I made sure they had checking accounts(also, with my name on in)... ..Along with an ATM card...I wanted them to learn how to keep track and balance....Also, pay their own when necessary......

Good Luck....................  

When me and my litle brother were young we wanted to make a lemonade stand to earn some money, and in the end my dad took money out  of our earnings for expenses. Lemonade, water, "table rental fee", ext. And i think it was a good lesson in buissness

check out Learn How To Raise Kids So They Don't End Up Broke