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When do children begin to comprehend the value of money?

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ScoreFactoryielts2022_9-12_p2q12p3_When do children begin to comprehend the value of money
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From what I've heard, when children reach school age, like five or six years old, they start to grasp the basic concept of money and develop the necessary cognitive skills to understand its value.
At this age, they can already identify different coins, match small amounts of money to items they want to buy, and figure out how to count change. Their money
habits and attitudes are already starting to form at this time,
so it's the ripe moment for parents to teach them about the basic financial literacy. It will prove to be super useful for their future lives.
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From what I've heard, when children reach school age like five or six years old, but they start to grasp the basic concept of money and develop the necessary, a cognitive skills a cognitive skill to understand its value.
At this age, they can already identify different coins match, small amounts of money two to two items they want to buy and figure out how to count change their money.
Habits and attitudes are already starting to form at this time.
So, it's the right moment for parents to teach them about the basic financial literacy, it will prove to be be super useful for their future lives.
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When do children begin to comprehend the value of money?

When do children begin to comprehend the value of money?

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When do children begin to comprehend the value of money?

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