Children and money, or How to teach a child to manage money

How not to do
Imagine the situation. You and the child come to the store. From the variety of bright packages, his eyes flee, he wants everything for himself. Of course, the baby starts to snort and demand something to buy him. You try to dissuade him, and he begins to roar at the top of his voice. You frantically recall tips on how to cope with children's hysterics, explain something to him, but the kid already attracts everyone's attention. And you give up and buy what you want.

Another option for developing the situation described above is when you do not allow anything on the contrary, you do not buy anything and do not explain anything to the child. This scenario is also dangerous, because over time, the baby forms a mass of complexes. He begins to think that he did something wrong than wronged, that he, probably, is bad, since everything is forbidden to him. It is then that the future adult begins to form a certain negative scenario of life.

How to teach a child to manage money
"Children and money" - the topic is not at all difficult, if one adheres to a certain system in this matter. And this system practically does not differ from the principles of personal finance management in the same adults.

The first rule is that you must understand the amount of purchases, the quality and the amount that you are willing to spend on a child for, for example, a month. In the home budget is to create a separate category of "children" and write down all the relevant costs: kindergarten, clothes, specific children's products, sections and so on. That is, you must clearly understand how much it costs to handle all the needs of the baby. And here you will have constant expenses, from which you can not refuse, for example, a kindergarten. And unstable - toys, "Wishlist". At this point, you need to clearly define the budget - the amount that you can allocate to the wishes of the child. At the same time the child should clearly represent in what "scales" he can something "want".