Money is the medium for exchange, a means of payment for goods and services. Almost every society has some form of monetary system that allows for the exchange of goods or services. Learning about how we buy and sell using money is one of life's fundamentals. Another is budgeting, creating a spending plan that allows you enough for the things that are important or necessary. Children who are able to acquire sound basic monetary sills at an early age will have the ability to manage financial challenges in adulthood.