If there’s anything we as parents want for our children, it’s that they grow up to be happy, healthy and wise adults. Learning to manage their money, as well as their life, can be an excellent influence. You can be that helpful influence, without being overbearing. Here are five ways to help your kids make better choices.
Ways To Help Your Kids Make Better Choices
Life Is Not A Democracy. It’s Not Always Fair, Either
It would be wonderful – or so kids often think – if they always got their way. Unfortunately, some of those demands wouldn’t be good for them, or the family in general. You have the opportunity to spoil them when they’re young — don’t do it. It only teaches them that they can repeat the same behavior as adults.
You must work, in order to bring in food, transportation and a place to stay. They need to work, too, to help out with family chores. Even little children can fold towels or set the table. Besides, this is an excellent opportunity, as they grow, to teach them the skills they’ll need for succeeding on their own: laundry, cleaning, food prep, etc.
Need Something? You’ll Have To Work For It
Kids can not only do chores for you, but the neighbors, as well. Working part-time is an excellent source of income for many teenagers, and helps fund college, as well. (Ambivalent about whether kids should work? You might find this post interesting.)
No Secrets. But No Unnecessary Burdens, Either
Kids can handle the truth that money is short, now Dad’s unemployed, or a large bill must be paid. Questions should be answered honestly, as well. But they don’t need to know every awful detail, especially about difficult issues like infidelity and divorce. That’s a hard burden for adults to carry.Why crush your children with it, as well…
A Good Name And Reputation Are Priceless
“Remember whose name you carry,” Husband would say to our daughters, as they left with friends. I was reminded of this during my dad’s funeral. A big quiet Dutchman, he left very little, except a paid-off farm, a wife who loved him…and a few tractors, still needing repairs, in the barn. But during the visitation at the funeral home, our family met literally dozens of farmers who talked about his honesty, his skill in tractor repair and his reliability. The good name my father left was worth far more than any fat bank account, and its good effects will last for generations.
We intend to carry it on. Hopefully, our girls will make the same decision.
Cindy Brick is a personal property appraiser, judge and national teacher who loves to write about frugality and other personal finance topics. She has written six books and hundreds of articles, but often focuses on quilting, her teaching specialty. She lives in Colorado with her husband, two golden labs and a flock of very suspicious chickens. Find out more at Brickworks, http://www.cindybrick.com, or visit her personal blog: http://www.cindybrick.blogspot.com