Independently acquired a desirable thing would be appreciated by a child are much higher than donated. How to help your child to accumulate the required amount?
Here are some steps to help the child to turn the pocket in an amount sufficient to realize the dream.
1. Make a budget and financial plan for the child. Please make the monthly revenue that it receives from the pocket money, gifts, part. As well as the cost - for fun with friends, gift them for birthdays, etc.
If the child had not thought about how to make extra money money - that careful planning will encourage him to do so. After all, it is clearly seen that the new console can be accumulated for the year, if almost everything this year not to spend money - or a few months, if some money.
3. Put a clear goal. If there is a specific purpose, which is to save a child - then do it would be virtually impossible, because often it is tempting to spend money on something here and now, not sometime later. Decide what the child wants, for example, what brand of bike, or a phone model, or shoes, check the price.
Print the image of the desired object, and hang in a prominent place in the child's room. you can hang up table in which periodically writes under a picture of how much has accumulated and how much is left, so the promotion and the approach of the target will be clearer, and therefore the motivation - stronger.
5. Help your child find a source of additional income. It can perform your additional instructions (for example, to send and pick up parcels, look after younger children, fill the site, look for some information, organize things, etc.), help your friends or acquaintances with some simple work. When a child will understand how much time you need to spend in order to earn some money, then another look at it to quickly "pull" them into momentary whim.
Show clearly, as part of your earnings immediately after its receipt is sent to the deposit patterned monthly payments, etc. Draw a diagram of what constitutes income and your family's expenses, which are not obvious baby things and services you have splurge. Financial literacy is brought primarily on the right of parents example.
7. When the goal is reached, be sure to take a picture happy child with his purchase, print and complete the frame. It will be a great motivation to further accumulation and proper management of personal finances.
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