The poor are poor, the rich are rich

Chapter 86 4 Guiding Children to Dispose of Pocket Money Correctly

Chapter 184 Guide children to properly manage pocket money

The pocket money belongs to the child when it is given to the child. Parents should give the child the right to subsidize and control the pocket money, but this does not mean that the parents can let go completely, let alone interfering. Instead, they should give the child the right guidance. Help children learn to manage money and gradually develop good spending habits.

First of all, parents should help their children establish correct consumption concepts and formulate reasonable consumption plans.

The so-called pocket money is the money that can be freely controlled by the child for personal consumption.Some children think that when parents give pocket money, they just let them spend whatever they want, and teachers and parents don't need to ask too much.This kind of thinking is wrong. Parents should tell their children that they do not have the ability to make money. The money they spend is all their hard-earned parents. What do you want to buy?

When formulating a consumption plan, parents can discuss with their children, fully consider their needs, give suggestions and references, and let their children buy more practical and more suitable things for them.

Suggestions on spending plans include: the amount of money spent, time, and detailed uses (such as toys and school supplies for yourself; small gifts for parents and other elders on festivals; helping children with financial difficulties, etc.).Once a consumption plan is formulated, it must be implemented according to the plan, and parents must conduct regular summaries to play a supervisory role.

Secondly, teach children to ask their parents in a reasonable way.

Some spoiled children are used to crying, rolling on the ground or kicking their parents to solve the problem when their demands are not met.Faced with this kind of child, parents should first change the way of educating the child who is overly pampered, and tell the child to use a reasonable method when making requests with the parents; otherwise, even if the request itself is reasonable, it will not be satisfied.

Again, teach children to keep accounts.

This is the most basic financial skill.You can let your children set up a personal accounting book to record how much money they spend and what they buy every day.In this way, on the one hand, children can better understand the whereabouts of their pocket money, check which expenses are reasonable and which can be avoided, and change the bad habit of blind consumption; on the other hand, bookkeeping itself is an important part of life Skills, mastering this skill is also beneficial to your life after you grow up.

Finally, cultivate children's thrifty living habits and saving habits.

Now that the standard of living has improved, many children think that the era of hard work and frugality is over.Parents should tell their children that although life is better now, there are still many children in backward areas who live very hard, and even have difficulty eating.If each person spends one yuan less, the savings can help others.It is also necessary to encourage children to develop a good habit of saving and set up a simple reward and punishment system.If the child saves a part of the pocket money for savings, parents can reward the child appropriately; if the phenomenon of spending money indiscriminately is still serious, they can express punishment by deducting a part of the pocket money.

Giving children the right to freely control pocket money and teaching them to develop a good habit of reasonable consumption is the beginning of children learning to manage money. Parents, as children's first teachers and "financial management experts" around their children, must not neglect the cultivation of children's financial management skills .

(End of this chapter)