New York, New York (PressExposure) May 21, 2011 -- Each of the parents really wants to see their child financially consistent later on, have enough money to satisfy his needs and understand how to make money. Many people speculate how to build communication and how to teach good examples, so that the child will grow as open as you possibly can to money and abundance. And such questions are not in vain, because the groundwork for wealthy thinking is laid in early childhood.
Today, I wish to share with you the secrets of instilling in youngsters the best attitude toward money.
Listen to the desires from the child.
Recently, I witnessed a scene within the store. Grandmother and a boy of eight selected a toy. The boy really wanted to buy a robot transformer, with a rather angry look, however the grandmother insisted on buying something a little less aggressive. In the dialogue, I remarked that the kid committed the cash to purchase toys and, right now, the choice was what type of toy to buy. The grandmother was very insistent, and finally, the boy surrendered. Having lost all curiosity about the toys, the kid left the store. Grandma won.
This example shows what sort of child needs upon another person's opinion and folks desires. Abusing the weak position from the child, with time, parents with a few surprise and indignation expressed "... he is not interested in anything; he does not want anything ...." And just how often if we are adults, we understand our children (not lived by us) wills, without realizing how much our parents' actions have undermined our faith in ourselves as well as in life in general.
Be attentive to the wishes of the child!
At one stage of child advancement there is one problem in front of parents - it is a system how to link the child's relationship to money in the formula of "how to earn money for that realization of his desires?". It is important to apply the monetary system to advertise the kid domestic labor, for instance, cleaning the house or enhancing the mother with the cooking. Encourage and motivate a great study and good behavior. It's also essential to give pocket money. In this case, it is best to not influence the option of the kid when he is spending the earned money. The child itself should build a profitable relationship for him with money. Be sure the child will not waste his earned money.
People study from their mistakes.
Once more, I beg you to safeguard the kid from ill-considered purchases. Allow him to learn from mistakes. Let your child to spend his money as he wants to.
I counsel you to use the technique of "Together". Admission is straightforward and genius: if your child really wants to buy something which takes a sufficiently wide range of money, promise to buy it to him when he alone can pay 20-50% from the price of the acquisition. This method demonstrates to children to complete well thought-out purchase and focuses on work to achieve his goals.
Create a personal account of the child.
Create your personal take into account your child. Now the child recognizes that every day his wealth increases. This can be a very positive effect on cash child's mind. Every single day the confidence in the future is growing in him. Investments are needed to be small, about $ 10-100 monthly. For 18 years it will be accumulated a substantial amount of cash, so that the child can pay for his education or start his own business.
Showing the example!
The main thing that needs to be remembered by every parent is the child literally absorbs what he sees in the family. Taking what he saw as absolute truth, the whole of his remaining life is depending on behavioral patterns (examples) learned in early childhood. The lion's share from the behavioral patterns is at monetary relations inside the family.
So your child is continuing to grow as free from negative attitudes and monetary units as it possible, it's important the parents themselves were free of these beliefs. Be careful with your personally feel about the money, with your constructing of a system of relations with the profit your family, the way the monetary disputes deal
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