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Teaching Your Child To Save
by Dionna Sanchez
It's hard to know how to teach our children the
value of a dollar. When they start getting allowance and growing
up - they seem to want to buy it all. There are some ways
we can help them appreciate how much they have, while learning
to spend on only necessary items.
1. A Family Vacation Jar is a great way for everyone to
work together for a desired vacation. This will show children
how much money it takes to eat out, get a motel and go to
amusement parks, museums, resorts, etc. Everyone will probably
value the trip more and not take it for granted.
2. Allow your child to make their own lunch or clothing
purchases. You can give them $20 for a pair of pants for instance.
Watch them select their clothes much more carefully! Also,
most children don't realize how much it costs to eat out these
days. If they only have $4 for lunch, that super-large drink
might turn into a small!
3. Teach them to tithe, by asking them to give some of their
allowance to their church each Sunday. This also teaches them
to be generous to God and others' with their money.
4. Start a bank account for each child when they are young.
Put monetary birthday gifts, etc. in there. They will be able
to see how long it takes to save money, and also how it is
beneficial. When they are wise enough and old enough, they
can be allowed to access the account themselves.
Teach your child to take pride in what they have. That includes
their finances.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Dionna Sanchez is Editor/Publisher
of Emphasis Newsletter For Moms. Emphasis strives to encourage
moms not only as parents, but also as individual women.
Visit Emphasis at http://emphasis.homestead.com/Emphasis.html
or subscribe at http://www.egroups.com/subscribe/Emphasis
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published in whole ONLY if the author's byline is included
in its entirety.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ This article has been
featured in Emphasis Newsletter For Moms.
Dionna Sanchez may be contacted at http://emphasis.homestead.com/Emphasis.html
Emphasis@micron.net.
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here to view more of their articles.
Dionna is the Editor/Publisher of Emphasis Newsletter For
Moms. Her personal passion is encouraging mothers and the
role of the family unit while also encouraging mothers as
individual women! Dionna has 1 stepson (full custody) and
2 lovely and precious little girls.
In Dionna's own words, " Family is very important to me
- not only my individual family unit - but also relatives.
I also think the handing down of heirlooms and a physical,
spiritual and emotional heritage is crucial to children. I
enjoy warm weather, dark chocolate, french fries, pizza, Dr.
Pepper, pop music and romantic movies. I love life and feel
thankful and blessed to enjoy God's creation!"
Article reprinted with permission through www.IdeaMarketers.com
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