Refer to how to teach children to make money and spend money from a father

The House, too, at a young age children are buying this nag or the other. There are 500 sheets of copper that holding times for claims to go buy the bim bim. I don't agree that is the stand that always cry for ten minutes the clock ...

When I was 9, I give my explanations to understand that making money and how hard we have to spend money on the sensible. Surprisingly my children nature declared from now will earn money to buy carbonated for themselves (I still like eating carbonated from young till now).

Now, at age 11, my son has also understand a little more about how and why your parents want you to know the workers themselves make money, saving and spending money wisely. We also started teaching your children know how to save and spend their money earned.

I always give my explanations to understand that making money and how hard we have to spend money on the sensible.

I've been making money like?

First, my spouse is not for the money but called paid weekly for my son to get the feeling of making money. The money will pay for the work that you will do every week, such as: the score was not far behind, cleaning up her room neat, throw junk for his mother and a number of other chores in the home.

Sometimes, the other work will arise, including sweeping, cleaning, rứa dishwashers ... The work arises many times will be charged an additional fee. But we also have strict rules, that is if the complain when asked to do his work or if he's having trouble at home or at school, low scores go, the work week will not be counted.

That is, when you were a little larger, my spouse is not for the money but called paid weekly for my son to get the feeling of making money.

I've been saving and money management?

I have a wallet and a book. I guide your notes on each book receives money or money spent on what. We specified that if the son took off for where you can't change location without the consent of the parents. All of the money to run out on for rather than stored in many places. I also regularly check "Windows spend" of the child to ensure that it is reasonable.

"Account" of the I will always balance at a minimum level. I explained to her that, do the same as the account of her parents (the other one is an account of her parents more money only). Why must leave a certain amount of money in my account? Is to have the responsibility as an adult, i.e. to the child not to be excessive spending and there's always a certain amount of money for the emergency to be used later.

I have a wallet and a book. I guide your notes on each book receives money or money spent on work?

After hearing her parents explained, I also agreed with the control of such proceeds.

My child has to spend money like?

At age 11, son of we really don't spend anything bigger, just video games, cars or candies. If you want to buy something, you'll have to up the list and consult your parents. We will buy something suitable if you don't violate the rules in school and at home. I very consciously, that is, if not yet afford to buy an item that the preferred, you also do not require parents, that wait until enough money to buy for themselves. Sometimes, we suddenly buy a certain item to donate children, considered as a reward (items which sometimes can also be a con like that not yet purchasable).

The spending rules

For a time, we do not allow the "wasting" money on things which we are not. But after that, we decided for you to decide to spend with the reference comments of parents. This will teach you to understand more about the choices and mistakes.

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However, to spend the money, you have to remember a few rules. First, you must understand that the parents will not buy more of what you want, you will have to earn the money to buy. Second, you have to work hard to earn more money. Finally, you must maintain a minimum amount as specified in their wallet. If that amount reduced, you will not spend anything else that must compensate for by regulations.

Our son does not like to follow all the rules, but I understand why parents impose child. I understand that we want you to learn these lessons now to develop into an adult is responsible both financially and otherwise. It is worth the effort, and it will bring rewards in the future.=