Each was a stage in my life when I had to tighten their belts and save. If adults understand that any time you need to imagine something to deny, that the child is harder to explain.
Tell the child about the mandatory family expenses
Financial problems in the family budget - a good lesson in the economy for a young child. Do not think that the child does not understand the refusal to buy a new toy. In the presence of the child's family prepares the financial plan, talks about compulsory expenditure - is It helps the child to realize that buying another toy can not be more important than paying utility services.
Give your child pocket money
This is a great way to teach a child to appreciate and save money. The first money he will spend without thinking, but after some time he will realize that if you do not spend your savings, you can buy something valuable and expensive.
Find alternative things
Your son and daughter have to understand that sometimes it is not possible to buy brand-name toys, and must be content with cheaper analogues. If your child refuses to do so, agree with him that give him a toy for a birthday or New Year.
The lack of money in the family: how to explain to a child? / istockphoto.com
Play with your children
Games such as Monopoly, help the child to better understand the world of finance, teach him to save money, increase and accumulate.
pay cash
Experts recommend only pay in cash, to be seen as the purse is emptied with young children. After all, hard to explain to the child how it is - there is no money when you pay always card.
The earlier your child will understand the basics of family economy, the easier it will get you through the crisis in the family.
You will find interesting 5 Easy Ways to Save Money
