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highlights
Give a limited amount of pocket money to the children every month.
Inform them about the habit of budgeting and saving.
Teach children to value money: It is the responsibility of the parents to bring up the children. In such a situation, it is necessary to teach them from childhood to be honest, to appreciate the hard work of others, to avoid wrong habits etc. If children learn to appreciate money from an early age, then their life can be improved. They learn to spend money wisely from an early age. So let’s know how you can teach children to value money.
Teach children to value money like this
give pocket money
If you give pocket money to children every month, they can learn to take responsibility for themselves and their financial needs. With this, they come to know how to handle money and they learn to spend it thoughtfully. However, it is also important to keep in mind that do not give them more money than necessary. Apart from this, avoid giving money other than pocket money.
give piggy bank
On every new year, you children must take a piggy bank. By doing this, they will learn to save their extra money and saving from their pocket money will come to them from an early age. In this way, instead of buying useless things, they will learn to save that money in a piggy bank. In this way, at the end of the year, they will be able to arrange the money themselves to buy some important things for themselves. It will also increase their confidence.
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follow a hobby without effort
When children get all the things in hand without any effort, then they do not learn to value money. Not only this, even after growing up, they expect from you that it is the responsibility of the parents to fulfill their hobby. If this does not happen, they may get angry with you. That’s why do not let them find shortcuts from childhood and do not fulfill their hobbies without hard work.
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explain the importance of earning money
If you tell children about the importance of earning money from childhood, then they will learn to do savings. If they get used to earning, they learn to work hard. Not only this, by doing this, they come to appreciate both hard work and money. For this, you can give them pocket money as a reward by giving them small tasks. For example, give them some money for daily cleaning or you can also give some essential items. If they understand it, they will learn to use it properly and spend it.
(Disclaimer: The information and information given in this article is based on general beliefs. Hindi news18 does not confirm these. Before implementing them, contact the concerned expert.)
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Tags: Lifestyle, Parenting, Parenting tips
FIRST PUBLISHED : March 03, 2023, 11:33 AM IST
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