decorated piggy banks

One of the most important gifts a parent can do is instill in your child the importance of making systematic saving of his life. But instead of forcing you to save the money you receive, may be more effective is besotted wait for something (usually you do not have to wait long) and take the opportunity to explain that you can buy with your own money. Your child will have more incentive to save if allowed to set its own priorities, within reason.

Help him to put it in writing, and if it is a small child place in a visible place a photo or drawing of the thing you want to buy. also help him to figure how much to save and how long you need to get what you want.

The first few times your child raises saving for something, it is essential that the experience is positive and you see their efforts rewarded. This is to encourage the habit of saving.

Facebooktwitter