Money

Children frequently see adults exchanging money and they incorporate it into role-play games about shopping. Babies love exploring their parent's wallets and quickly learn how to swipe cards at the shops.

Some parents provide pocket money or open bank accounts for their children, to teach numeracy and money management. Other children associate money with stress, because they know their family doesn't have much.

The benefits of money

The benefits of money include:

• social awareness
• social development.