Second Grade Intellectual Development

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They are learning the concept of spending and saving money.

As kids learn to use complex thinking patterns, their understanding of money becomes more well-rounded. They begin to understand that money shouldn’t be spent immediately and that saving money is part of taking care of themselves.

What you should do: Encourage your child’s new sense of responsibility. Explain how you handle money. Use everyday moments such as shopping for groceries to teach lessons about money.