6 Tips to Teach Children How to Manage Finance

Can we , the people are more mature , teach children about money management ? Turned out to be yes , Bro - Sist .

Is it enough to just teach frugal lifestyle ? or maybe itung - itungan about change?

It turns out there was something else ya , Bro - Sist . Namely to educate children to be able to make decisions about money , because it affects the management of money in the future . So what are the tips? let's discuss!

• Give Allowance

How do I want to manage their own money if the money is not there ya , Bro - Sist ? Hehe . For that , we can entrust the child to give him pocket money . Not daily , but weekly or monthly . Remind your child that the allowance should be enough for specified time limit . Thus the child will begin to learn to manage their own finances , will be disciplined and responsible .

• Teach About Budget Finance

The next step is to teach children about financial budget . One of the ways is to teach children to sort out how much money to pocket , to buy toys and to ditabungkan . Explain to them will also be the risk of wasteful

• Shopping wisely

Grant all requests child is not the same as " dear son " ya , Bro - Sist . Unless the request is important and can support needs . If they want a toy , it helps us to navigate so they set aside some pocket money . With records , according to the ability of the child . That way , the child will learn to be independent and realize that we must first strive to achieve a thing , including in-kind though .

• Being Examples and Determining Priority Scale

Surely it would be funny if we just give advice without being an example . Thus , we should be a role model for children . We, too, must be " neat " in managing finances and likes to save money . This will help the child in determining what needs to be a priority .

• Teach Children Donate and Doing Good

No wonder religion encourages us to contribute , it turns out the effect of one -on-one social activity is indeed good . Children will be personally have high social life , not selfish and materialistic as well . So we are encouraged to bring children to the orphanage , providing some relief to the needy , accounted for the uniform no longer used, and so on .

• If Kids Less Interested in Finances ?

If so , start to introduce children to the exciting things for him such as art or sports . Only after that connect the areas he likes to managing money . For example, if a child likes football , we can teach them to menyicil money to buy balls , soccer shoes , socks , etc.

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