Many children may find themselves receiving money as Christmas gifts this year, providing a great opportunity for parents to start teaching their children about the value of building a healthy relationship with money. 

The financial experts from money.co.uk have compiled a list of their top tips for teaching your children about money this Christmas. Salman Haqqi, personal finance expert from money.co.uk, speaks about why teaching children how to handle money from a young age is so beneficial. ?Creating an environment in which you are able to speak more openly with your children about your financial decisions is vital for engaging them from a young age on the value of money, ” says Salman.
“Showing them how to make choices when shopping for Christmas presents and what they can do to save the money they may receive as gifts, will set up good managing habits. “It?s important to make sure your lessons are age-appropriate and that you continue to involve and teach your children about money as they grow. A healthy relationship with finances starts at a young age, and children learn most of their habits from their parents.?
10 Tips to Help Your Child Improve Their Money Skills
Speak Openly About Small Financial Decisions 
Start involving your child with minor financial decisions, such as deciding which brands and items to buy when shopping and opting for products that will last a long time. This way your child will be able to understand the decisions you make...