The Pocket-money, to promote children's independence

The seminars I am often asked about pocket money, and that it must be earned or only given when children behave well.

I am convinced that the children receive pocket money as a small part of the family fortune, as they should share the workload at home. This does not mean that family income is distributed equally among all members. Instead, the children are given a realistic sum of money because of their age, needs and ability to manage money.

makes sense to guide the purchase, including letting them know what they're expected to buy. The children in the lower grades in school may be enough to buy some candy and one or two other items, while the upper section of the primary school children is enough to cover lunch orders, bus money and some treats. The allowance that covers clothing can be useful for adolescents who may be very costly to dress in the latest fashion. Let them know you will buy the basics items and that they can make up the difference between the brand and the core elements of pocket money.

pocket money can teach children a lot of goal-setting. By encouraging children to save the valuable object, such as a bike or skateboard children learn a lot about planning and looking ahead, the value of budgeting and experience to achieve personal satisfaction is the goal

When this way used, allowance is an excellent way to develop independence in children and young people.

But kids do not spend your money wisely! It helps you to them guidance from the start to insist that they be distributed to the pocket-money three ways – some spending, some of the future and some for charity or social services. It is loathe to interfere too much state spending, as this part of the estate, and they need some control over spending. However, there are cases where the child's own long-term interests that parents need to step in. For example, if a child has a weight problem and he is always buying sweets then parental interference is the best option. It's about knowing your child and common sense.

If the children receive pocket money if they misbehave? It is wisest to keep pocket money and behavior separate. Parents could also be a variety of disorders that children of wrath, when back pocket money, as long as they meet better. Look for other ways to promote good behavior instead of a withholding tax on the benefit.

How often should be given pocket money? It helps if you get pocket money regularly. Like adults, children have to pay one day a week or once every two weeks when they get their share of the family fortune. Give them coins so you can easily share it for different purposes.

At what age can start spending money? You can start giving pocket money to children, young people, four, and cut the fifteenth birthday, so you are encouraged to get a part-time job. Four and five year olds give them a couple of coins and share them two items that you regularly buy them treats. Let them know that they buy these themselves or their money in a moneybox later.

The use of pocket money is one way to remove pressure placement of children with their parents to buy, buy, buy. When they come home from school and ask to buy the latest games because of a friends to let them know you to purchase it, or at least contribute to personal well-being.

More practical ideas to help it raise children and elastic young people read Michael's best-selling parenting book – One Step Ahead. It's available in the shops http://www.parentingideas.com.au .

Source by Michael Grose

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