Teach kids the value of money

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A way to encourage this is perhaps by explaining to them that saving, even if it is just a small amount takes quite a time to save and a very short time to spend.

A good old fashioned piggy bank is a way to get them to save their pennies and it’s also an idea to let them have something in mind to actually save for, maybe a new childrens toy that they have had their eyes on.

It really should not be deemed a hardship to expect children to actually earn their pocket money. I’m not talking about massive chores but small tasks. Maybe just keeping their rooms tidy or even helping do small things around the house. This will give them a feeling of being responsible and to get a reward thrown in always helps. Maybe give them a toy such as their own carpentry set and then they can actively help Dad to do some repairs around the house.This will make them feel grown up.

As a child I remember being given my very own small plot of land! This was an allotted bit of the garden which was solely mine to look after. I was allowed to grow what I liked and ended up with an assortment of vegetables and flowers!
This brought no end of pleasure and maybe that is where my love of gardening originates from. It also meant that I made a small contribution to the family table albeit my efforts were not always that fruitful. This was a start and it gave me something that I was responsible for.

Pocket money is a parent’s individual choice but as a rule I think it’s a good idea to give children the chance to learn the value of money and hopefully not take it for granted.

2 Responses to “Teach kids the value of money”

  1. Kim - Twin Baby Strollers

    As lame as it sounds, I found this searching for baby stroller info. Kim

  2. jehkyl

    That

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