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Teaching the Value of Money to Kids

Posted in : Parenting , add a comment

Children should learn the value of money. Too many times parents simply give their kids money to go to the movies or to buy the latest gizmo without the child understanding that the cash did not just get pulled out of thin air. Kids will learn quickly if they can get something for nothing. It is far better for the child to learn that money has to be earned.

Parents are not teaching their children how to earn money at a young age. They give the child a toy just to spoil them and wonder why the item is only played with for a couple of days and now remains in the corner of the room gathering dust. The child did not really want that toy. All they wanted was for somebody to buy them something. This cycle continues until the parents are willing to stop buying the stuff and start allowing the child to value what they are given.
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