Tell your child what is money?
What is money?
What does money mean?
Some people say that it makes people greedy, some people say that it makes you well-fed, and some people say that it is a tool to improve the lives of yourself and others.
In the face of this complicated world, how can we help our children establish a correct outlook on money?
Relevant experts point out that parents can fully teach their children economic consciousness, and they can also train their children to develop good financial management habits, and such education should be done sooner rather than later.
Children who have been educated with a good outlook on money can only have a normal mentality about money and handle the relationship between people and money when they grow up.
What is the right view of money?
Are you greedy for wealth and money?
Or just make money without spending money?
Although money can lead to evil, but money itself is not terrible. The key is that parents should first figure out their own assessments, otherwise they cannot successfully teach their children.
Children learn by observing what their parents say and do.
If parents always get pregnant while eating, how much is worth, then when you tell your child that money is not everything, the child must be confused.
The education on the concept of money is different for children of different ages.
Banker Neil, 3-6 years old?
Godfrey suggested that parents educate their children on games, so that children can understand coins and change at an early age.
When the child is a bit older, take him to shop and discuss the price of the item with him.
Almost every parent will encounter such a problem. When a child is shopping in the area, if he does not buy the child what he wants, he will be angry.
To avoid this, it’s best to talk to your child about the “conditions” before you go out: just buy the same.
In this way, the child will carefully consider what he wants throughout the shopping process.
For the child’s excessive demands, even if you can afford it, you should say “No” to the child.
Slowly, children will know that there is not everything they want.
In addition, children should be taught to give.
Let him know that not everyone has the opportunity to go to school, has a warm home, and can wear beautiful clothes.
Let children approach, care, and help children in difficulty.
Children aged 7-12 already understand the relationship between behavior and results around the age of 7 and start making their own decisions.
At this point you can start giving your child pocket money.
Parents must remember that the purpose of giving children money is not to let the children show off the family’s economic layout or to solve the need for survival, but to let the children learn how to use and manage money, which is the most important purpose of giving pocket money.
When a child holds a limited amount of money in his hand, he learns to choose.
Some parents associate the amount of pocket money with their children’s performance or household chores, and some parents have no limit to pocket money. Children can give whatever they want. Is it actually good?
To answer this question, we need to constantly reflect on the purpose of giving children petty money, which is to let children learn how to use and manage money.
Anything that is not conducive to achieving this goal is not advisable.
Children should do some housework within their ability and they should study hard. This is their responsibility.
If you pay your child for things like studying and doing housework, to a certain extent, you are “brying” the child, which is not conducive to the child’s normal sense of responsibility.
There is no limit to giving money, and children must not be taught how to use and manage money.
Pocket money also gives children a chance to learn to save.
There is a couple. The husband is a lawyer and the wife is a teacher. Life is OK.They give their daughter five yuan pocket money each week.
The couple save a certain percentage of their money each month, and they encourage their daughters to do the same.
The daughter said that part of her pocket money was used to buy comic books and school supplies, and saved the savings.
“When I grow up, I will use my saved money to buy a house, elevator car, and use it to help people in need.” Children aged 13-17 should know how to control consumption.
Should parents buy their children new long-awaited brand-name sneakers?
This is a typical problem that many parents encounter.
How you decide will always depend on your income level, but also on the values of you and your child.
A Hong Kong-based insurance lady named Han began to oppose buying such expensive brand-name sneakers for her children, but then she changed her mind.
“Actually, designer shoes are more durable and look really good,” she said.
“Ms. Han is relieved that her child has gradually learned to reasonably control the money at hand.
She and the child’s discussion about the price-performance ratio of the items began to work.
When children ask their parents for money, parents should not always be responsive and give as much as they want.
It is not so easy for children to get money, which helps to cultivate their independence and self-esteem.
If the parent does not approve of the child wearing designer clothes, then say “No” to him and explain your reasons to him. This will help the child to make his own judgment and choice rationally when facing the temptation of luxury independently.
The ultimate goal of educating teenagers about money is to cultivate their sense of economic independence.
Parents may wish to ask themselves: “When my child is an adult, can he handle his financial problems?
“If your answer is no, then it’s not too late to start helping him and guide him.