The poor are poor, the rich are rich

Chapter 92 5 Lending money to children and cultivating the concept of loans
Chapter 195 Lending money to children and cultivating the concept of loans
In life, almost everyone has a loan relationship with others.Sometimes we borrow other people's money, and sometimes they lend us money.This relationship also exists between parents and children.I believe that many parents have this experience-the child wants to buy something, but the pocket money is not enough, he will often ask you to borrow money; you want to buy a small thing, but you don’t have any change, you will also "reach out to the child" ".Such behavior is essentially lending behavior-the child borrows money from you, and you borrow money from the child.

However, most parents do not agree with the loan relationship with their children. When a child borrows money from their parents, the parents will take it for granted that the child asks them for money, and naturally they will not think of asking the child to pay back the money; When parents extend their hands to borrow money from their children, they will feel that "I didn't give the child's money", and of course they don't need to pay it back.In fact, these are not the correct ways to deal with the loan relationship with children.Don't let the child pay back the money, which is not conducive to the cultivation of the child's financial management concept. He will have a dependent thought of "no money to ask his father and mother", and he will not manage his pocket money reasonably; If you pay back, you will lose your child's trust in you. After a long time, your child will no longer be willing to lend you money.

Perhaps, many parents think that if the loan relationship with their children is too clear, they may be indifferent to each other's family affection.This kind of concern is not unreasonable, but as long as the scale is well grasped, there is no need to worry.When parents exchange money with their children, they should let their children understand the truth: money and feelings should not be confused.Many feelings cannot be replaced by money, such as the love of father and mother, the love and sympathy of grandpa and grandma.As long as the child's thinking is corrected, he can boldly face the loan relationship with the child.

When parents and children have a loan relationship, they must establish a correct loan thinking for the child, that is, there is a loan and there is a loan.Whether the child borrowed your money or you borrowed the child's money, you must pay it back.If the child has no awareness of repaying the money and still refuses to repay the money despite repeated reminders from his parents, the next time he borrows money again, the parents can decisively reject him and tell him that he has lost his integrity and lost his integrity. Eligibility to borrow money.At the same time, parents have to tell their children more about the importance of borrowing and repaying in life.For example, if you borrow money from the bank and fail to return it on time, the bank may auction off the collateral or reduce your credit score. When you borrow money again, you will not be able to succeed.Let children understand that what is lost due to borrowing money and not repaying it is definitely more important than money itself.

In addition to cultivating the concept of borrowing and repaying in children, it is also necessary to let children understand the pros and cons of borrowing.There are many "negative income" classes in society, and most of them like to consume in advance, using tomorrow's money to enjoy today.There are certainly benefits to doing so, but it's also easy to get overwhelmed by a huge debt.Parents should let their children understand through the loan relationship: repaying debts is a painful thing.For example, as soon as you let your child receive pocket money, you immediately ask him for the debt you owe, so that he can feel that he enjoyed it yesterday, but today he must pay for yesterday's enjoyment.At the same time, it is necessary to teach children to consume reasonably within the scope of their existing funds, and try not to consume in advance.

If the child really needs a loan, the parents should also generously lend money to the child, and of course the money must be repaid.But if the child has borrowed too much money, it will not be enough to pay back all the pocket money for the next month and the next month.What should we do in this situation?Some parents may withhold all their children's monthly pocket money until it is paid off, but this approach is not advisable.First of all, when the child repays the money, it is best not to be directly withheld by the parents, but the parents give the child the pocket money and ask him to use the pocket money to repay the debt.Only in this way can the child really experience the taste of borrowing and repaying the money; secondly, the child will also have a certain amount of expenses every month, and the parents withholding all the pocket money of the child will put him in trouble and cause dissatisfaction.So a better approach is to send the pocket money to the child as usual, and then let him take 10% or 20% of it to "pay in installments". This will not only allow the child to face the debt calmly, but also allow the child to experience different repayment payment method.

Cultivate children's awareness of borrowing and lending from an early age. Only when children grow up can they correctly handle the loan relationship in life and get rid of the dilemma of the "negative property" class. wealth.

(End of this chapter)