Teach your children how to spend money properly

Teach your baby to share money and to help others through the actions of his parents. Helping people in need, donate to charity and explain to children the meaning of these activities.

What can 10,000 dong buy?

One of the simplest and most effective ways to teach children how to spend money properly is comparison. Let's play the game "10,000 dong can buy" by listing all the items that this money will buy. Then discuss which items to buy, which should not be bought, what does your baby like best, what is expensive, what is cheap, ... Play this game often and raise the price higher to help your child. know how to consider, choose essential things when spending.

Pig raising

Why don't you and your baby plan piggy bank together to save money ? For example, if your baby likes a new set of toys, you and your baby value the item and make a plan to save money to buy it. Every day, the mother gives the piggy bank 5,000 VND and the child puts it in 2,000 VND, how long will it take to be able to buy such item. And if a child wants to have 2,000 dong, how should he cut spending? What needs must be "sacrificed" for bigger ones? This activity will help children realize their real needs and preferences, and form a habit of saving money for long-term plans.

With your baby piggy to make a reasonable shopping plan

Share money

Money is valuable but also worth sharing when needed. Teach your baby to share money and to help others through the actions of his parents. Helping people in need, donate to charity and explain to children the meaning of these activities. Show your children photos and videos of poor children's situations and discuss what they can do to help them. From there, children understand more the value for money, not only buying things but also creating better things.

Experience the feeling of labor

If your child wants to have money to spend, why not take this opportunity to teach him the value of labor in exchange for results. “Hire” or ask someone you know to “hire” your baby to do small things that you can do, such as: fold clothes for the whole family, fold tissues, play with and take care of your neighbor's younger one, help weeding in Garden, ordering children to draw pictures on a certain theme ... This can help children better understand the value of labor as well as appreciate money more because they have to work hard. However, this method should not be used too often because your baby may understand that everything has to be paid and lack of spirit of helping others. Should be done only on a Sunday or something special and that should be the work that children rarely do.

And things to avoid

Avoid as much as parents to put money in drawers, bags or places where babies can easily get them to buy snacks. Parents, when giving money, should only give it directly to the child, avoiding the catchphrase: "Go into the parent's bag and get it". If this is repeated many times, the child will no longer ask for permission because in his immaturity, the child has taken it for granted when there is a need to spend money.

Avoid showing light of money in front of children. For example, the statements between adults: "Only a few hundred / a few million, it's worth nothing" should not be shown in front of children. If parents do not value the achievements of labor as money, their children will also spend money indiscriminately.