Teach Children to Manage Money Early On


Providing early childhood education can be any from many things. Ranging from learning to stand, learning to walk, learn to eat, write, read to teach children to manage money, and socialize with people a lot. Although the level of understanding is still pretty simple, but as parents should be able to begin to teach children to manage money early on.

The primary key so that the child is good at arranging finance is reminding children to better appreciate the money. Give real examples and simple knowledge about money. The giving pocket money can tech children to manage finances. Unlike with pocket money allowance, due allowance is part of the allowance. In the allowance consists of several parts as for saving, allowance, fares to school, etc.

By giving pocket money, parents certainly already take into account everything. Therefore, you need to make an appointment, which the child allowance will receive a nominal obtained. This means that the child must sort out for fare, allowance, and hobbies. Inevitably, the child should be able to divide his pocket money into several parts.

Here's 5 ways to teach children to manage money early on:

Instill the habit of saving. Give the child a piggy bank, and then give it a certain amount of money each morning before doing the activity. Tell the children how much money was nominal and savings on piggy bank that already exists. You can give sense to the child that if his savings were already full, then he can buy the shoes, bag, or a book for school.

Teach Children to Manage Money Early On

Tell the child to distinguish where the needs and where you want. Give a clear explanation on the child that it is expensive and there are cheap. To get expensive stuff that we should be saving before buying it. Tell the child to control the urge to snack, so tomorrow could buy stuff that is useful.

Let the children make the decision to set up the money. Teach the child to set aside some of the money his pocket and give an understanding on them. Don't force a child to obey your wishes, because of all the goodness that takes the process.

Teach children the importance of sharing with each other. Be good at arranging finance does not mean make them become stingy. In this way, you not only teach early childhood set the finances, but also educating children to share with fellow.

Invite children to shop is also important, as it means the child can simply practice. They can more easily understand and digest what you teach a matter of money. He gave an explanation of why people should make payments, why give money to the cash register, how do I calculate the fee and receives back, and others.

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