For or against pocket money?
At what age do you give a piggy bank to your child?
Only when a child is old enough to count, that is to say around 6/7, can you give him or hermoney of pocket. Before this age, he is not aware of his value and he is likely to believe thatmoney is easy".
A good way to make him responsible
Start by giving your child a few euros per week and continue until he is 12 years old. You can then increase this amount to save money. He will be able to buy an object that is close to his heart and become aware of the value of things.
At theadolescenceits needs may increase "to do the same as others"; to have the same branded clothes, the same scooter as the friends ...
It is possible that he asks you for exorbitant sums, without even realizing it, because he is under the influence of his little comrades. Do not fall into the trap and put your feet on the ground, explaining that you can not afford to give in to his whims. What'money do not spend money wrongly. If he really wants to afford an expensive item, it's up to him to save for a long enough time and you will not increase his pot.
Do not blackmail him
Too often, parents givemoney to their children in exchange for good school results or if they help tidy up the house. This is not a good idea because the child must understand, at a very young age, that if he has good school results it is to ensure his own future, and that if he provides a housekeeper it is because he must participate in the arrangement, as all members of the family.
It is important not to act for the sole purpose of fattening his piggy bank!
Do not compensate for your absence with money
If you are often away or come back late, you may be tempted to give moremoney your child to fill the love you have not had time to give him or to relieve your conscience of some guilt.
This is wrong because in doing so not only will you not compensate for the affection your child is lacking, but above all he may never really become aware of the value of the child.money.
Not to mention the smartest of them who are likely to understand the link of cause and effect, and you always ask for more ...
In conclusion, even if it is difficult, be firm in all circumstances and get used to give small amounts to your child, with the same regularity. This is the only way to give him an idea of the real value of themoneywhich will help him to mature.
Only when a child is old enough to count, that is to say around 6/7, can you give him or hermoney of pocket. Before this age, he is not aware of his value and he is likely to believe thatmoney is easy".
A good way to make him responsible
Start by giving your child a few euros per week and continue until he is 12 years old. You can then increase this amount to save money. He will be able to buy an object that is close to his heart and become aware of the value of things.
At theadolescenceits needs may increase "to do the same as others"; to have the same branded clothes, the same scooter as the friends ...
It is possible that he asks you for exorbitant sums, without even realizing it, because he is under the influence of his little comrades. Do not fall into the trap and put your feet on the ground, explaining that you can not afford to give in to his whims. What'money do not spend money wrongly. If he really wants to afford an expensive item, it's up to him to save for a long enough time and you will not increase his pot.
Do not blackmail him
Too often, parents givemoney to their children in exchange for good school results or if they help tidy up the house. This is not a good idea because the child must understand, at a very young age, that if he has good school results it is to ensure his own future, and that if he provides a housekeeper it is because he must participate in the arrangement, as all members of the family.
It is important not to act for the sole purpose of fattening his piggy bank!
Do not compensate for your absence with money
If you are often away or come back late, you may be tempted to give moremoney your child to fill the love you have not had time to give him or to relieve your conscience of some guilt.
This is wrong because in doing so not only will you not compensate for the affection your child is lacking, but above all he may never really become aware of the value of the child.money.
Not to mention the smartest of them who are likely to understand the link of cause and effect, and you always ask for more ...
In conclusion, even if it is difficult, be firm in all circumstances and get used to give small amounts to your child, with the same regularity. This is the only way to give him an idea of the real value of themoneywhich will help him to mature.
