How can parents teach their children to use pocket money wisely?

Strict requirements for children, can not let children have the psychology of comparison! If your child often says that the children in your class have good clothes, how beautiful the child's mobile phone is. Then we must be careful, we can't let children have some comparison psychology, we parents should educate children to live a simple life.

Educate children that what they need to buy, if they don't have it, no matter how expensive they are, they have to buy it, and if they don't need it, they don't buy it no matter how cheap it is, and it's a waste of money to buy useless things. To educate children to use pocket money in a planned way, you can prepare an account book and keep a record of how to spend the money yourself. Parents can also follow up on the guidance.

When children abuse pocket money, they should criticize less and communicate more. Parents must not be angry because their children have used a few more yuan of pocket money, what is the excessive expenditure of parents, or communicate with children calmly, and calculate with children why pocket money will be overspent, which money should not be used, and find a way to change the way that children can accept.

Give your child a piggy bank on their birthday and teach them to put any extra pocket money in a piggy bank! And teach them to keep their pocket money in the piggy bank by themselves! You can't put it today, and you won't put it in if you have pocket money tomorrow and the day after tomorrow!

Educate children with examples of poverty. The examples of poor families and poor children that we see and hear around us, or on the Internet, TV, etc., educate our children, let him (she) feel and experience the poverty and difficulty of others, educate children not to be extravagant and wasteful, not to spend money indiscriminately, and if their pocket money is not used up, they can also donate to them and offer love.

It can be supervised, but the child should be given full freedom to use his pocket money. Parents are understandably worried that their children are misusing money and using the wrong money. However, the main purpose of giving children pocket money is to let children protect their needs by using their own pocket money and exercise their ability to choose.

Open a bank account for the child, and the bank card may be considered for the child to keep by himself, which can exercise the child's independent management ability, which is good for the child's future growth. Accompany your child to the bank regularly and let him hand over his pocket money to the bank for saving.

Parents lead by example and don't spend money indiscriminately. Let the children not spend money indiscriminately, parents must first do it, the parents are diligent and thrifty, the children will see in their eyes, remember in their hearts, and have a great impact on the children.

In fact, as long as the child understands that pocket money is not easy to come by, you can take the child to the place of work to see, and teach him to be familiar with the various types of work in society. Let the child realize the concept that money is earned through hard work.

Take the child to pick up plastic bottles and sell them for money, through a day of hard work, the money sold is not enough to buy drinks and snacks, the child will immediately realize that it is not easy to make money, and he will know that pocket money should be saved.

When children see their favorite toys outside, they are easily attracted to them and hope that parents will buy them for them. However, this does not mean that parents must meet all the wishes of their children, which will make children develop bad habits and consumption concepts. Here are some things parents can consider for their first rental:

1. Let the child decide for himself: Let the child make the decision for himself, but remind them to buy with their own money. This helps to develop children's independent thinking and financial skills, so that they can better appreciate the value of money.

2. Confirm what the child really needs: Parents can ask the child if he really needs the toy, if the child is just impulsive or wants to imitate others, then you can try to guide the child to think in the long run, such as encouraging the child to save money to buy more meaningful things.

3. Agree on rules: Before shopping outside, you can agree on rules with your children in advance. For example, stipulate that children can buy certain items on certain occasions, or stipulate that children must use their own pocket money to buy them.

4. Make a good budget for your child: You can tell your child a reasonable budget, let them know which toys they can buy, and avoid spending too much money.

5. Explain financial management knowledge to children: You can popularize some simple financial knowledge for children, so that they can know that money is not easy to come by and the importance of reasonable management of money.

In short, when a child wants a toy, parents can guide them to make rational decisions from the child's point of view. By allowing children to make their own decisions, confirming their real needs, agreeing on rules, making budgets for children, and explaining financial knowledge, etc., it can help children better understand the value of money and cultivate their independent thinking and financial management skills.