What to do if a child spends money on all sorts of nonsense: is it possible to teach the value of easy money
Modern children can no longer do without pocket money, which is what their parents taught them, saying that money should be valued.
However, many soon notice that, instead of buying something necessary, the child spends the capital on all sorts of nonsense.
Let's try to figure out whether it is possible to teach a child to value easy money.
In this regard, a huge responsibility falls on the shoulders of parents.
At a minimum, you need to keep track of your child's pocket money and give it out on schedule.
If your child starts asking for money before they get paid, ask where the previously given amount went, why didn’t the child put the money in the piggy bank?
And then we select the keys to the spendthrift.
First, remember your personal example.
If parents have a habit of throwing money around, then what can you expect from their children?
Secondly, consider age-related features. During adolescence, children listen to anyone but their parents.
Only strong motivation can help here. Think about what can make a child start saving money.
Thirdly, many parents themselves would benefit from learning the basics of financial literacy. It is advisable to do this together with their teenage children, and also plan the family budget with their participation.
Previously, we talked about how to help a child survive a move to another city.
