Do you know how to form the child's rational attitude to money?30 October
Financial and monetary relations are an integral part of everyone's life. The attitude to money begins to form in early childhood.. You should start the reasonable understanding of the financial laws and thought-out economyof the children from the forming of the rational and reasonable attitude to money.
There are cases where the inability to handle money in childhood and growing age leads to wasteful and irregular spending in adult life. Sometimes the parents put their price listto the child for his participation in family affairs. Washing the dishes or taking out the garbage at the request of parents or other relatives is the unselfish contribution to the family and the child should understand it as the important and necessary mission. If this understanding is replaced by a monetary equivalent, then the parents are at risk to grow the egoist and the consumer, who will not be capable of unselfish actions. The encouragement for any success of thechild can be done with gifts, toys or other small things, which he had dreamed of for a long.
You should acquaint the child with the commodity-money relations at 3-4 years. When children play games projecting the adult life, you canoffer to the child to play the store game and have the role of both the seller and the buyer by turns. Usually children use the drawn moneyin their games, which is the analogue to the real money. During the game you should tell the child that he gets the money for a reason, and he has to earn it.
When you purchase products or clothes you can give the moneyto your 3-4 yearschild and offer to pay himselfjust before the cash register. This fact, that the child makes the purchasehimself, will allow him to feel more responsible and adult.
There is no simple answer, at what age the children should have thefirst pocket money. Some psychologists are advising to give the pocket money to children at 3-4 years, while others are advising to avoid it till the school age. As a result, some children are ready for the planning and shopping in 6 years, and some others can spend all money without limitationin 10 years. The average age of acquaintance with the money can be defined at 5-8 years.
For a start you shouldgive the pocket money for one day. The amount here is specific to each family, but you should avoid the extremes. Very small amount of money can form complexes in the child, the sense of inferiority and inadequacy. Too large amount for the child can lead to the fact that he will stop to value his purchases.
Parents need to talk over where the child plans to spend his money. After the purchases will be the order of the day for the child, you can try to entrust him simple buying for the family's needs. You should discuss the upcoming purchase with the child and give him a note with thetooltips. Step by stepthe child will fulfill such assignments on a regular basis, and also he will start to attend if there is a bread at home or food for his favorite pet. This habit will lead to his ability to plan costs. Gradually, you can give some pocket money for a week or a month in the fixed amount, except for certain specified things.
The pocket money is supposed the thought-out, but freepossibility to spend the money. So if your child was asked to purchase any suppliesat school, then you should allocate the separate amount of money for this purpose. Through trial and error, the child will learn to save moneyreasonably and gain the ability to prioritize spending.
It is important to explain to the child that money is necessary economic components of the well-being andimplementation of desire, but it can’t be the equivalent of love and getting in good with friends and family members.