It’s a fun and spooky time, but it can also be pretty instructive. Here’s a few financial facts kids can learn from Halloween.
🎃 Some people think Halloween teaches kids more about money than Christmas
It would take a lot to knock Christmas off the number one spot, but some believe that the 31st of October is a better time to spark a bit of conversation with your kids about money. The American economic commentator Jeffrey A. Tucker wrote that kids have to work hard for their sweets at Halloween, by creating scary costumes and calling on their neighbours, unlike at Christmas when children just have to be good to receive gifts. This means Halloween is more instructive, says Tucker. He also pointed out that plenty of children swap and trade their trick-or-treat sweets, which means they also learn a bit about the free market.