3 reasons why kids do not value money

3 reasons why kids do not value money

Spending, Top posts
“Kids do not know the value of your money. Their money, they know the value of.”Judy Markey When my kids met grandpa a week ago, they were given 10 euros each. Faustas asked me to keep that money for him until we return home. A week has passed and he did not ask me to give that money back to him. Does it show that he does not value money? Do your kids value money? 5 signs showing that your kid does not value money: The kid tends to lose the money he gets, e.g. he puts it in a place that he later forgets;She does not show any joy when she receives material things - sometimes she does not even look at them;He does not have any long-term dreams…
Read More
3 things you could do to teach your kid wise spending

3 things you could do to teach your kid wise spending

Spending, Top posts
Teaching your kid to wait before spending is the most valuable lesson you could give. Top 3 things you could do with your kid right now 1. Play a game “Need or want?” Not knowing the difference between needs and wants could cause a lot of financial problems in the future. To avoid them, play the following game with your kids. Think of 10 things that you usually buy. Ask your kid whether it is a need or a want. When he tells his opinion, discuss the answers with him. Explain that needs are things we must have to survive. Wants are something we would like to have but we do not need for survival. NeedsWantsFoodEating out at a restaurantElectricityTV setClothesBranded clothesEducationVacation abroad Keep in mind that needs and wants…
Read More