Si vous n'êtes pas à l'aise avec l'anglais, utilisez ceci :
Cet outil vous fournit une traduction automatisée en français.
Kids And Money Guide
As the name of our website suggests we help you in managing your finances when you think it is time that you had a baby but are worried about the cost and responsibility of a new life on your shoulders and pockets.
Expecting a baby soon? Worried how youll be able to manage in the limited finances after its born? Worried about your childs higher education? Well, we have the solution to your problems. At teachmoneytochildren.com, not only do we help you sort out your financial problems but we also explain as to how to go about explaining to your child the need to save money for a rainy day!
Soon you may be incurring expenditure for diapers, baby soap, cradle, cots and the works. Within a few years you will be preparing for clothes, shoes, education, sports equipment, dates and bikes. We need to finance our children not only till the time they are in university but also until they start earning substantially. Therefore, the need for our intelligence in saving rises substantially.
Planning
Money does not grow on trees and we all require more than what we have. Therefore, it is essential we plan for our childs education. It should be pre-planned so as to bear the cost of what our child chooses to do in the future. Planning helps in appropriate allocation of resources to the required areas.
Teaching the child
It is very essential to teach the child about managing finances. Giving the child pocket money and allowing them to make small personal expenses and then explaining the need to control expenditure and savings. And as a child grows up a bank account should also be opened so that he can learn the details of banking as well as managing his money.
Basically, two things need to be done simultaneously - the children should be taught the power of money and the things they can buy and at the same time also telling them to refrain from spending on whatever they desire. They have to be taught that a balance can lead to success and an imbalance otherwise.
Investing for the future
Certain investments should be made in the name of the child maturing with the child and ready-to-use at an age when required. Further, at an age when the child is in his late teens he should be allowed to make a responsible choice of taking financial loans for his needs whether educational or otherwise. Such efforts enable the child to realize the value for money making them more responsible and aware.
Exploring various options
While sending children to college it should be taken care that all colleges have been carefully explored and scanned and all benefits such as scholarships and needs-based grant monies should be taken advantage of.
To have a successful financial life for your children, make the right moves now and bear incredible benefits in the future.
BONUS : Learn From Your Mistakes And So Will Your Child
Everyone makes mistakes. Granted, some mistakes are more significant than others and harder to get over, but they are a part of life. How individuals deal with those mistakes is significant to their self-esteem. Children who are taught from an early age to admit to their mistakes understand that it's not a crime to make one, and they seem to have the ability to cope much better with them. They recognize that a mistake was made and admit the error. Most importantly, these children also develop a strategy to change the mistake and not do the same thing again.
The process of making and learning from mistakes is an extremely valuable life skill for everyone because learning involves risking. Every time children risk, they will not always succeed. But they tried something new and most likely learned from it as a result.
Children with low self-esteem deal with making a mistake quite differently. More often than not, these children use the experience to devalue themselves. Instead of looking at the error as an opportunity to learn, these children interpret the experience as a reason to quit and never try again. They view it as a devaluing and humiliating experience.
You can help your child cope with mistakes by first making sure they understand that everyone makes mistakes, even you. Own up to your own mistakes to teach them there's no shame in making them. Make sure they understand that it's okay to make mistakes. This presents a great opportunity to tell your child what you've learned to do differently the next time. Then, offer strategies to turn mistakes into learning opportunities. In the process, you can provide your child with an opportunity to enhance their self-esteem and accept responsibility for the mistakes they make. Help your child to realize that the mistake is the problem, and not them. Then help them develop a positive plan for the next time around, and what they'll do differently the next time to avoid making the same mistake again.
Everyone makes mistakes. Granted, some mistakes are more significant than others and harder to get over, but they are a part of life. How individuals deal with those mistakes is significant to their self-esteem. Children who are taught from an early age to admit to their mistakes understand that it's not a crime to make one, and they seem to have the ability to cope much better with them. They recognize that a mistake was made and admit the error. Most importantly, these children also develop a strategy to change the mistake and not do the same thing again.
The process of making and learning from mistakes is an extremely valuable life skill for everyone because learning involves risking. Every time children risk, they will not always succeed. But they tried something new and most likely learned from it as a result.
Children with low self-esteem deal with making a mistake quite differently. More often than not, these children use the experience to devalue themselves. Instead of looking at the error as an opportunity to learn, these children interpret the experience as a reason to quit and never try again. They view it as a devaluing and humiliating experience.
You can help your child cope with mistakes by first making sure they understand that everyone makes mistakes, even you. Own up to your own mistakes to teach them there's no shame in making them. Make sure they understand that it's okay to make mistakes. This presents a great opportunity to tell your child what you've learned to do differently the next time. Then, offer strategies to turn mistakes into learning opportunities. In the process, you can provide your child with an opportunity to enhance their self-esteem and accept responsibility for the mistakes they make. Help your child to realize that the mistake is the problem, and not them. Then help them develop a positive plan for the next time around, and what they'll do differently the next time to avoid making the same mistake again.
