Teaching your child not to spend money is important for countless causes. Mainly, you will be promoting savings, responsibility and good administration in it at an early age and through various mechanisms. At the end of the day, you do not want your offspring to be a wasteful!
Since ancient times, saving has been present in the life of man. The Chinese and the Egyptians saved a part of the products that they harvested to face any kind of shortage. Later, it was the Italians who began to save material goods.
Saving is an important mechanism to preserve your resources. It does not matter if you are small or big: not spending money is a way of managing the assets you own . In children, this must be a recurring practice that parents must teach.
There are many parents who do not give enough importance to this issue. Teaching not to spend money takes a back seat to other lessons in many households.
Why teach your son not to spend money?
The causes to teach your son not to spend money are varied. You must understand that we must promote good behaviors that will make your child a good person . Remember that many of the behaviors you have as an adult were learned during your childhood.
As a parent, it is highly recommended that you not only teach your child not to spend money but also to encourage savings in it. Strive to explain in a simple way and according to your age how to save and the importance of doing so. This learning will make your child grow up with a culture of austerity. This is important in the face of any economic crisis that your family may suffer.
Saving is necessary to avoid waste . One suggestion is to create habits in your firstborns regarding this subject. Give him a pay or allowance, give him a piggy bank or offer as the person in charge of his finances. In the future, he will thank you. If you do not know how to teach about saving, lean on games and toys .
Encourage the sense of responsibility
Teaching your child not to spend money can also encourage their sense of responsibility . Your little one will be more aware of their possessions and what they represent.
After all, you make a great effort to provide everything you need. Do not miss anything! It is your philosophy as a parent. Encouraging a sense of responsibility with practices such as not spending money, in turn, can help your child use this value in other contexts.
Responsibility is a necessary quality in many aspects of life . Therefore, everything that involves strengthening your child will be useful to be a good citizen in society.
Promote good administration
Generally, children do not have large expenses compared to what you could have as a mother or father. However, it is advisable that the money you give is well managed. It is necessary that you educate your offspring about the primary and unnecessary expenses .
The correct administration, without a doubt, is one of the good behaviors that you can foster in your child. Start by motivating you to manage your belongings. Then, try to encourage respect for the resources of others and spend only the fundamental.
Recognize the value of money
Money necessarily has a value. Your child must learn to recognize it. Live in opulence or in modesty, you must ensure that your child understands what money is worth . This will serve as an idea for you to understand that you can not spend on superfluous issues or on fleeting
Likewise, we advise you to make your child see that money has a limit . It has a beginning and an end, so it is not constantly available to you. This learning will help your child to value money and prevent phenomena such as rich child syndrome or “richness” from appearing.
Consequences of not saving since childhood
Not saving from childhood can bring countless consequences . The non-saving gives rise to waste and, surely, will cause problems problems when they are adults. Also, not saving leaves you completely helpless at the time of a financial quagmire.
Not teaching your child not to spend money in any way contributes to you will create an irresponsible and probably poor administrator . Your child will see the action of spending money as recurrent and normal.
Money is one of the forces that moves the world. Neither you nor your son are exempt from receiving the influence of spending. Therefore, it is crucial that you, as a mother or father, set an example as to not spending money.
Children are the reflection of parents, which is why they imitate their behavior. Try not to give your children, through your actions, reasons to fall into inappropriate behavior regarding their resources.