7 tips for teaching your expat child the value of money
Encourage children to save from a young age. Saving is key to financial wellbeing as an adult. Saving money regularly will help your child to achieve a good credit rating as an adult, if they need a loan. In the meantime, start small. Help them choose a piggy bank to get started when they are young. A really nice way to introduce saving is to have three jars, one for spending, one for saving and one for sharing.
Agree rules around saving and sharing. It could be that savings can only be used on items over a certain value and sharing is used once a year for a good cause. If you are on expat assignment in a developing country it could be donated to a local cause, to a children's hospital or fundraising efforts at their school.