Many parents dread bringing their kids to the shopping centre. Does this sound familiar? Walking into a store, the kids immediately spot something they just have to have. There is no way you're walking out of there without either your kid lying on the floor screaming their lungs out, or you simply giving in and buying what they want.
Teaching kids about money is something all parent's have to deal with, but one of the key questions you will need to deal with is: How do I teach them the desire to earn their own money and be independent? To teach to them to rely on themselves, rather than turning to me to buy anything they want?
Pay attention the next time your child wants something really badly - because this probably a perfect opportunity to teach them a very valuable lesson - how to save, earn, and work towards their own goals. You need to make sure they understand that a parent's role is to provide a child with the things they need - not things they want.
Your aim as a parent is to help your child create the connection between earning money, and achieving their goals. The stronger their desires are, the stronger their commitment to saving up enough money to buy them, and the more likely they will look for ways for kids to make money.
If you're not careful, its just too easy to give in to your kids - I know you're a loving parent, you're just trying to make them happy. Its your first child, and you just want to see that smile on their face when you buy them their favourite toy. Ok fair enough, but just be very careful from the beginning not to make this something that is expected. Kids are very perceptive, and its easy for them to realise that if they whine long and hard enough that they will get what they want.
Your choices have consequences, so make sure you are aware of the habits your are teaching your child. Take advantage of those little opportunities that arise while they are growing up, and make sure your child learns independence by saving and earning their own desires.
Teaching kids about money is something all parent's have to deal with, but one of the key questions you will need to deal with is: How do I teach them the desire to earn their own money and be independent? To teach to them to rely on themselves, rather than turning to me to buy anything they want?
Pay attention the next time your child wants something really badly - because this probably a perfect opportunity to teach them a very valuable lesson - how to save, earn, and work towards their own goals. You need to make sure they understand that a parent's role is to provide a child with the things they need - not things they want.
Your aim as a parent is to help your child create the connection between earning money, and achieving their goals. The stronger their desires are, the stronger their commitment to saving up enough money to buy them, and the more likely they will look for ways for kids to make money.
If you're not careful, its just too easy to give in to your kids - I know you're a loving parent, you're just trying to make them happy. Its your first child, and you just want to see that smile on their face when you buy them their favourite toy. Ok fair enough, but just be very careful from the beginning not to make this something that is expected. Kids are very perceptive, and its easy for them to realise that if they whine long and hard enough that they will get what they want.
Your choices have consequences, so make sure you are aware of the habits your are teaching your child. Take advantage of those little opportunities that arise while they are growing up, and make sure your child learns independence by saving and earning their own desires.
About the Author:
Make it a responsibility with educating your children about money. Ways Kids Can Earn Money Make a positive contribution to your son or daughter's future now. Let's begin and invest in our children's lives.Teaching-Kids-About-Money.com have a lot of great resources.
No comments:
Post a Comment