My OperaElevar autoestima Family Activities: Teaching Kids About Money
Thursday, March 10, 2011 4:18:02 PM
If you're running out of ideas on how to spend quality time with your children then you might be interested to know that spending time doesn't always mean a trip to the mall or anything special. It can be something that you can teach them like how to make use of their money properly. In fact, letting them join in and put their two cents in, literally and figuratively, on the family budget is a great way to make them feel more involved.
It's important to keep everything organized especially in times like this. There's no way of being sure what the future might bring. Something as serious as an accident, or perhaps a large purchase may set you and your family back if you are not careful in spending. So keeping a budget is important so we don't lose track of our expenses.
Saving up money also allows your kids to buy bigger things that they, otherwise, wouldn't have been able to buy if they hadn't saved up. It teaches your kids to appreciate money more because at least now, they know that the money their using is fruit of their discipline and patience. It's a great lesson to teach your kids and you can have plenty of good times trying to find the best way to spend their money.
Saving up money also allows your kids to buy bigger things that they, otherwise, wouldn't have been able to buy if they hadn't saved up. It teaches your kids to appreciate money more because at least now, they know that the money their using is fruit of their discipline and patience. It's a great lesson to teach your kids and you can have plenty of good times trying to find the best way to spend their money.
Another great way is to make use of their talents. You can suggest a few things that they can do earn a little bit of cash. Say let them do the lawn and then pay them something in return for their hard work. You can also let them join craft shows and showcase the products of their hobbies, if they have any. You are never too old or too young to join and you just might be surprised at how your kid does.
If your kids can learn all the good things that money brings, you can also teach them to become more responsible adults in the future. You should be careful never to overindulge as this might bring about a spending spree from your kids which, in light of the recent crises, you surely do not want happening.
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