Let’s start from the simplest lessons, teach your children about the value of its currency from the early years of children life.
Children aged 4-6 years
1. Snacks are not free
1. Snacks are not free
You can see the kids get acquainted with the mother or father have to pay to the supermarket, when you buy ice cream or cake for the baby.
Of course, whenever you buy something and pay nothing, please kindly explain to the children understand. It is obvious, we want to have food and other items in supermarkets, bookstores, they we must use them in exchange for money.
2. Teach your baby shopping
Do not hesitate when sometimes took children to the supermarket and give them some money and then themselves to choose a favorite item. You should help child realize there are many items they can not buy with the money you have the children. Gradually, they will understand that money is limited.
3. Making shopping list
Do not think only the housewife’s need to see list yourselves shopping! To remember how many times your baby into confectionery and extortion goods, toys clamour for this items or that items.
Let child go shopping with you but before that let child know what parents buy and parents will just give some money for the things needed.
Children from 7-9 years old
1. I can have that, if …
Almost all parents want their children were not interested in anything you will to buy it now. Now you let child buy much as one like the thing that they like.
But before children can buy stuff, just a little analysis like example such as a toy worth $100. Per week, the parents will give me 10$ so you will need to save in 10 weeks to get $100, then buy this toys. This is stepping to understand the meaning of thrift and patience. In a word, nothing is wanted that have immediate.
2. Think before you buy
Try a game like this: ask your child if child has 500 and spend as you like, then child will buy any items? Then, ask child if only choose 3 items out of all the items child has listed, then child will choose any item.
You can help by giving child advice that child’s friends has or something advertising on TV may sound attractive, certainly, but with the money child has should only buy what child needs and baby really liked it.
3. Help parents save
Began to teach child everything that child used every day, electricity, water and food are both expensive. Teach children more accountable to the common property of the family, praise when child turns off unnecessary lights to save electricity and not wasting food mother made.
Children from 10-12 years old
1. Parents do not have the money printer
For a child at school, the parents are always the “giants” with bottomless money pockets. The problem is how to give your child know that all pockets have bottom … parents have to spend a reasonable.
Please let me know on average money you earn each month, child can see that a lot of money. But then you let child write things that parents must pay for a month. Since then child saw that if we squander it will not have enough money to buy things or other things necessary for the family.
2. Save for the children
Child had little money to spend every day or every week, this is also the time you practice for child saving and spend for child. Just based on children’s preferences, expensive hobbies a baby, you set themselves to save money and pay them.
Besides, you will guide child also save a little every week there is no need for parents can still buy this stuff . For example, buy superheroes movie, buying new clothes for dolls, buy a comic book.