Your example is the best teacher for your children. It's much easier to save for a definite goal that they can picture. Goals need to be realistic. Consider the child's age and maturity. Money will add up faster if a child learns to save regularly, no matter how small the sum may be.
Children usually learn better from praise and encouragement than from criticism and scolding.
Pick out what they are doing right and try to build on it, instead of just looking for what they do wrong. Brought to you by the NDSU Extension Service. See your county extension agent for more money management information and other family economics programs. March 1996 NDSU Extension Service, North Dakota State University of Agriculture and Applied Science, and U.S. Department of Agriculture cooperating. Sharon D. Anderson, Director, Fargo, North Dakota.