Now that I've left my full-time job and do my own business in freelance media and also, being in the financial services sector, I sometimes, teach my kids the value of money and the importance of not spending unnecesssarily.
And there's no better way I've found than the game of monopoly. Though, my kids may get frustrated when they're out of money and cry when they lose, the games somehow taught them the importance of proper planning and knowing what to invest when their monopoly money runs out.
At only age 6 and 4, I would never expect them to really grasp the importance of savings until Brendan came up to me and say, "Mummy, I think we don't buy this because it is not really important. We save the money and buy it next time ok?" or when Eryn came up to me in the shopping mall and say, "Mummy, I like this beautiful dress but no need to buy because I think it is expensive.."
Oh well, I was pleasantly surprised at their mature thinking. Well, they don't always say these unless something strucks their little mind, like the game of monopoly. Anyhow, instilling this experience is somehow fulfilling for me as a mother.
I remember starting my first investment into unit trust in my early 20s and buy my own insurance at the age of 20, and I'm glad that my own kids are beginning to understand the importance of savings at an even younger age.