Responsible Parenting: Teaching Children the Value of Money

By Dueep Jyot Singh

Table of Contents

Introduction
Money in Hand
Child Learning to Manage Money
Giving Way to Your Children’s Continuous Demands
The Great Allowance Question
Value of Hard Earned Money
Teaching Children How to Save
Granduncle’s Tips on How to Get Full Value for Your Money
To Haggle or Not to Haggle, That Is the Question
Conclusion
Author Bio
Publisher

Introduction

Many parents today are sitting on the horns of a dilemma. How old should the child be before he should begin to learn the value of money? How much money should be put in the hands of children? What relationship has money with the state of a child's mental happiness and contentment? These and other money related problems have perplexed parents only in the 20th and 21st century, when in the last 50 years, children began to be taught more about managing money, obtaining money, and how best they could exist on a limited budget.

This of course is good practice, for when they grow up. This book is going to tell you all about how you as a responsible parent can contribute to your child's mental and emotional growth in the right manner by teaching him all about money and its real value.
Remember, the word value here stands for worth. The representation of money in its physical form, when it is going to give your child emotional support and security, and a feeling of psychological well-being.

How many children today grow up feeling insecure because since childhood, their parents keep arguing? And one of the main points of these arguments is money money money.

A child whose parents keep arguing about money, is going to grow up thinking that the lack of it is really disturbing, because subconsciously, he has already assimilated the fact that those loud noises during his childhood had everything to do with the lack of money or money that had been wasted in need less expenditure.

According to one or more parents, something was not needed and the other parent had bought it. And so a fight. When a child grows up, he is either going to be very careful about saving his money because he will not like it to be the reason for more arguments and unpleasant atmospheres around him. Or, on the other hand, he is going to go the other way, and not save any money at all, because he does not want it around him.

So rule number one of this book, how can you teach children all about handling money properly and in a responsible manner?

• Language: English
• Publisher: Mendon Cottage Books
• Release date: Jun 13, 2016
• ISBN: 9781310995262

Book preview

Responsible Parenting:

Teaching Children the Value of Money

Dueep Jyot Singh

Science of Living Series

Mendon Cottage Books

JD-Biz Publishing

All Rights Reserved.

No part of this publication may be reproduced in any form or by any means, including scanning, photocopying, or otherwise without prior written permission from JD-Biz Corp Copyright © 2016

All Images Licensed by Fotolia and 123RF.

Disclaimer

The information is this book is provided for informational purposes only. The information is believed to be accurate as presented based on research by the author.

The author or publisher is not responsible for the use or safety of any procedure or treatment mentioned in this book. The author or publisher is not responsible for errors or omissions that may exist.

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Table of Contents

Introduction

Money in Hand

Child Learning to Manage Money

Giving Way to Your Children’s Continuous Demands

The Great Allowance Question

Value of Hard Earned Money

Teaching Children How to Save

Granduncle’s Tips on How to Get Full Value for Your Money

To Haggle or Not to Haggle, That Is the Question

Conclusion

Author Bio

Publisher

Endnotes

Introduction

Many parents today are sitting on the horns of a dilemma. How old should the child be before he should begin to learn the value of money? How much money should be put in the hands of children? What relationship has money with the state of a child's mental happiness and contentment? These and other money related problems have perplexed parents only in the 20th and 21st century, when in the last 50 years, children began to be taught more about managing money, obtaining money, and how best they could exist on a limited budget.

This of course is good practice, for when they grow up. This book is going to tell you all about how you as a responsible parent can contribute to your child's mental and emotional growth in the right manner by teaching him all about money and its real value.

Remember, the word value here stands for worth. The representation of money in its physical form, when it is going to give your child emotional support and security, and a feeling of psychological well-being.

How many children today grow up feeling insecure because since childhood, their parents keep arguing? And one of the main points of these arguments is money money money.

A child whose parents keep arguing about money, is going to grow up thinking that the lack of it is really disturbing, because subconsciously, he has already assimilated the fact that those loud noises during his childhood had everything to do with the lack of money or money that had been wasted in need less expenditure.

According to one or more parents, something was not needed and the other parent had bought it. And so a fight. When a child grows up, he is either going to be very careful about saving his money because he will not like it to be the reason for more arguments and unpleasant atmospheres around him. Or, on the other hand, he is going to go the other way, and not save any money at all, because he does not want it around him.

So rule number