Posts Tagged ‘child responsibilities’

Now that they are earning some money, teach them about saving it. Many banks have savings accounts for children. Help them decide how much money they want to have to spend and how much to put away. Make them a chart that keeps track of their money so they can watch it grow.

Let them spend some of it and be silly. Part of the fun of having money is spending it. I had a friend who would not allow their child to spend any of his money. He had over $100 in the bank but couldn’t use it. Letting your kids spend their money teaches them the value of things and how to use money wisely. Make sure your kids only spend what they have. Don’t loan money against the allowance they will receive. Our boss doesn’t give a paycheck advance, kids need to learn this too.

Teaching your kids about money will provide them a valuable tool for when they are older and get their first job. Make spending and saving money a success for them.

Make a game out of cleaning. Set a time limit for different items and see what they can clean up the fastest. Write down the times and find out which items was the easiest to clean.

Pull everything together in one big pile. Have your child pick out the biggest item from the pile and put that away first. Or find everything that is the color red and put that away. Sometimes just cleaning up in a different way is all it takes to get the job done.

Setting rewards and punishments can work sometimes, but helping your child learn how to manage the mess and get it cleaned timely is the key to success every time. Teaching them how to clean their room saves you from harassing them every day to get it cleaned. And it can give your child a great sense of accomplishment once they are done.