Money management is considered a very important life skill by most people. Children who have been introduced to financial literacy early on have reaped significant benefits in their adult lives. Parents can instill a sense of financial responsibility in kids by helping them develop the following simple habits. The Piggy Bank People have been using piggy banks for centuries. It is a tried and tested method of helping kids learn to save money. It is not just a fun way for young minds to start their association with money, but with the use of piggy banks, parents can teach kids to save towards a goal and kids can experience the…