One Way to Teach Your Child about Money


Parenting Thought99-18
One way to teach your child about money:
Require your child to divide all the money s/he receives into:
  • amount to be saved
  • amount to be spent
  • amount to be donated
Benefits for your child:
  • teaches the value of “waiting” to spend your money until it is really needed
  • gives the fun experience of making immediate spending decisions
  • teaches the value of helping others
  (See Teaching Kids to Wait – Part 2 for more about children and money management.)
Spring’s Picture Books
We have been amazed at how much good parenting information is in children’s picture books – books that we hope you are reading everyday to the children in your lives – your own, your class, those you take care of.  For each book, we are noting there is something in it to remind you of how to be the parent you want to be.
A reminder that your child has a star within him, and you can help it shine.
A reminder that you can help your children with sad and frustrated feelings when they can’t have everything they want.
A reminder how important it is for your children to learn to wait.
A reminder about what it means when your child says no and how important your response can be.
A reminder that it is important to help your child handle his or her aggression.
A reminder of how important it is for your child to have your attention.

Read All About It:

Teaching Kids to Wait – Part 2

SELF-ESTEEM A FAMILY AFFAIR, Jean Illsley Clarke

GROWING UP AGAIN: PARENTING OURSELVES, PARENTING OUR CHILDREN, Jean Illsley Clarke and Connie Dawson

Surf the Internet:

money management for children

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