I have never been able to handle this question! When do you teach your kid about eating? About brushing teeth? About taking bath?
You do not. They just learn about all these things. So if you do take your 3 year old to the shop regularly, the kid sees what you are doing. Yes you can teach words like “value” and “price” but do not expect them to learn the meaning of all this in a jiffy.
My daughter started learning about money at her age of 4 years. I would happily let her handle the cash transaction at a kirana store – not possible at a large store! I would encourage her to know the difference between different notes (all she needs to know is numbers). Once she started understanding greater than and less than, she started understanding the “value” of the notes.
Once she started understanding addition and subtraction, she could say how much money to expect back – as long as it was one item!
Now at 7 years of age she confidently goes to the shop to buy mehendi for herself or bread for the house!
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