When a pre-schooler gets a humble amount of money as allowance, this is your perfect opening to teach them math – a subject that most students, and even adults seem to stay away from as much as possible.
Just like writing essays, teaching math to kids is a task that parents should not solely leave to teachers. It is a task that everyone should pitch in order for kids to fully understand the subject. And here are some ways to blend the two and create a financially responsible and possible mathlete child.
Be detailed when it comes to giving them their weekly allowance
The amount should not be that dig, especially if they are like five or six years old. Having money in their hands and teaching them how to handle it through math will instill in them a sense of responsibility and accountability. Teaching them the ropes of addition and subtraction will make them aware of what happens when they spend money that is given to them.
Write down an allowance plan with them
Don’t use an excel sheet for this task, just write it in a piece of colorful paper with a pencil or a crayon. Then post it in the fridge or in their room so that they know that the whole family is watching how they spend their allowance. Knowing that everybody knows how much they were given and how much of it should they spend and where they should be spent on will instill in them a sense of honesty and transparency.
Monitor how they actualize that allowance plan
Tracking how they abide with the allowance plan will then give you the chance to teach how adding money and spending it is related to math – a subject they will have to learn all throughout the first half of the lives. They will unknowingly learn about the four basic mathematical operations- addition, subtraction, multiplication, and division – when trying to work around their meagre allowance as pre-schoolers.
