Financial discipline will help the children in their future. This should be habituated from the childhood because immediately it will be not learnt in adulthood
Children will have so many expectations and desires. The parents have to explain the value of money and how much hard work is done to earn a single rupee
Every month how much money is spent for household things and other items, the budget to be explained for them and encourage the children also to give suggestions in plan. So that they will be motivated and encouraged
How to select the items, comparison of items to know the quality and teach them how to bargain the items. This also will help the child in savings