This Is How You Can Actually Make Your Kids Understand How Money Works

Teenage Boss has the answers!

This Is How You Can Actually Make Your Kids Understand How Money Works

When we were kids, the main way we would learn about money would be by either doing maths at school, putting money into our Dollarmites account OR... by playing Monopoly.

Let's be real, these things don't really tell us how much money is spent during the weekly grocery shop, and it doesn't tell us that we have to pay our electricity bill every month otherwise, our precious TV will cease to function.

 

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The kids of today, however, are being taught how to manage money in some amazing new ways and one of them, is by having control over their family's spending for an entire MONTH!

A new TV show on ABCMe called Teenage Boss, puts teens in control of their family's budget for an entire month, to show them why their parents won't be buying them that new Xbox game in a hurry.

Mathematician and teacher, Eddie Woo, is on the show, helping the kids decide how the monthly budget and this morning, he popped in to see 2dayFM Breakfast's Em, Grant and Ed and tell them how the new show will help kids understand how money works:

Would you let your kids have control of your spending for an entire month?!

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