Teach the child how to handle money

Today, with so many promotional offers and above to grow a real Shopaholic is a snap. From an early age, through advertising and fashion among their peers to spend my allowance savings on ill-considered purchases, the child develops a wrong model of the circulation of money and consumer sentiment: you want all at once and more. Every parent certainly wants the child to be able to manage their finances, understand the value of money, how they get parents, and how to properly dispose of the budget. How to do it and to instill in the child respect for the money?

Inculcate a responsible attitude to Finance. At different ages, the child has your attitude to money. For a small child these colored pieces of paper – just a toy. The older children begin to understand that this "magical" money buys a lot of candy; to start to instill responsibility better as early as possible.

Show a good example. The child is a sponge which absorbs what is happening around. Watching the parents, the child develops his or her model of behavior and attitude to things. If mom and dad go to the store and take what comes their way, despite the price tags, the need of a thing, or make a major purchase, which was not to hurry using your credit card, you can be sure that the child grows up and also mindlessly is available to spend in pocket money.

The child must understand the difference between what you want and what you really need. You need to discuss what you need first and what can wait or even is the useless trinket. You need to look for the best deals that will save you and discuss this at the family Council, Such an example is also understood by the child, will teach to take care of your pocket money.

No need to spoil the child. Even if you have a lot of extra money, you should not buy a daze all it did was put a finger on, even if the child throws a tantrum in a public place. The child must feel the importance of Finance and know that sometimes there are restrictions, it is not always so. Money dad and mom do not print and earn, so you need to treat them carefully.

Develop in the child the correct attitude towards the advertisement. You must have noticed, as a kid when watching the advertisement on television screams, look mom what toy, or mom look what a good thing, we also need this. From early childhood to explain to the child what is the tricks sellers; not always, the advertised product is good quality and it is so necessary, as it voiced. The child must understand that before you buy the thing, but need to consider, to estimate, as expected (quality, assortment, what is the thing who the manufacturer and how much is this thing in another store).
All the useful information you need to give the child gradually, as he begins to understand the value of money for each age group needs its own approach. A great way to teach the child thrift is to have a Piggy Bank. This method works for decades. Let the child set a goal that he wants to buy and try to collect the necessary sum. When the goal is achieved – is the best example of the careful attitude to money.