One of the best lessonâs you may teach your children is a value of money. Sounds easy but how many times have you caught yourself having a mechanical failure to the dreaded âCan I get this? â question by your youngster? Instead of buying that for your child what about having them earn it. This could be since simple as having them pay for the item by themselves. Maybe they donât understand the technique of money yet, so this is a great learning lesson for your child. They would have to learn about money and making change, and along the way understand that hard work pays off.
If they are older you might have them do chores and pay them a little amount. When they earned enough money they could get the item they were saving for. Better yet teach them about saving and how important it is. If they want an expensive item you could advise them you will match the money they save, thus learning that small to medium sized sacrafices pay off down the road.
The best approach to teaching your sons or daughters about money is to apply kids games. There are great board games and card games to help kids learn about economizing, making change and funds counting. A great money card game for the whole family is Exact Switch. The money card gameplay plays similiar to Uno nevertheless with some fun twists. The best part with the money card game gets Exact Change because you are allowed to reduce multiple cards. This keeps everyone in the game to the very end. Another fun money game is The Allowance Online game, great game to teach kids the value of money and labor pays off.
So the very next time your child asked you to buy them something remember the nice old lesson of hard work and teach them that. They will be grateful back when they are older because it can be a very important lesson to educate but seldom taught.
Money Games For Children