Let your child make the decision whether to buy or not. Regardless of what you say, more than likely your children will make the purchase even if the item is junk. This is a lesson your child must learn. Conclusion These are only some of the possibilities you might want to look into. Regardless of what you can take from this article, adapt it so it fits into your family lifestyle.
Money management is a learned skill that comes from real experience.
It is very important that children learn the value of money and the role that it plays in our lives. Teach them how to make smart, educated buying decisions. Stress the importance of setting priorities and working to achieve that goal. Once your child achieves one of his or her goals, they will understand what it takes to be successful.