Kids and Money

Socioeconomic differences under the influence of cultural factors lead to significant differences in the dynamics of family relationships, in fact, it is likely that the parents who live on subsistence minimum spend significantly less time with their children than those who do not have identical problems.

 Disintegration of young reaching its peak in the last two decades, when our society is going through many difficulties. Leisure time of youth is largely disorganized and often unenriched developing sports in schools and local communities, with the poverty of entertainment and cultural events. The media, especially television, have become a large playground, collapsed and deformed, which gives opportunities to children to identify with handsome men, and that they are not soothsayers or singer. An important segment is sure to develop critical thinking of young people, their samoopredeljivanja and active social and other engagements. 
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Cash pre math 
 when it comes to money, to educate children from an early age. Until they start themselves to earn a living, and sometimes much after that, children have no sense of money and tend to spend like they grow on trees. 
 Most children become aware of the concept of money even before they learn to add or subtract, but only later became aware of the fact that parents have to work in order to earn that money. It is important to work on the financial discipline of the children of their childhood. In practical terms, it is advisable to give children small amounts and heralding a period when such amounts shall be gradually increased. allowance There are strong arguments in favor of the thesis that the allowance is the best way to make a child become financially responsible. Furthermore, children should know what kind of costs is money intended. They can be encouraged and that of saving a certain amount of pocket money. Of course, the most important decision is the amount of pocket money. This decision should be based on personal and family values, household income, and common sense. In addition, an allowance can be used as a tool for learning: it is an excellent preparation for growing up.  purpose of spending money at an early age is that the child learns to dispose of money, which means that if the first day is spent everything, then nothing will have until the next allowance. Thus the child learns self-reliance, responsibility and conservation. However, the allowance does not include school costs, fees for sports or dance clubs, language classes or music. Although, the child can already give the tenth year that I brought the money and pay for the war and tuition. Thanks to that he became aware of how much you spend on it and learned that at the time of paying the bills. Comparison with the company  one of the frequent problematic situations is to appeal to the child that everyone else is having more financial resources from it. Regardless of whether this is true or not, if the family budget does not allow a child to get more money, parents should not remorse you are not able to give and give more to the child or children in these circumstances to loosen. Consequences for the child are not serious, while the child is more important to know how to dispose the money has to respect the financial condition of the family, but that he fulfilled every whim. Financial independence and security of children  Notwithstanding the fact how much the material and the ability of parents finensijske , each parent can provide financial independence and security of their children. The only knowledge required for this are the ability to teach, to give a personal example and have patience while sprovidte education system. A child needs to learn how to save, spend, invest or lend money. Experts say that it takes 14 years to learn to children proper habits about handling money. Saving  Another of the important and useful rule is: If a child wants something expensive, and parents can not afford it or just intend to learn it to dispose of the money , the child will have to give up something else. Give an example, in practice, most easily implemented in such a way that the child is asked to taking part with their pocket money to finance a given desired product. Allowance can give a child of his fifth year, even if it was quite small and simbolican.Takodje, guides frequent conversations on the topic of "smart" spending money on what we currently more necessary and what can wait a second chance, then, by the end of puberty to be desirable to have a child learn how to dispose of the money as financially independent member of the family. Personal example is the best school for our children, where we will show them our "good and bad" examples of investment spending and other material factors we are going through together. use of money depending on the age  Many experts will tell you that a good model for opening savings accounts child and that even a child of five years may be to go with a parent to the bank and where it will as an active participant to deposit money into your savings Racine, following the situation and realizing that the amount of which is kept in the bank can grow due to interest. It is claimed that in this way a child acquires habits that will serve him in later adult life living.  child is five or six years might have to have their weekly pocket money, a sufficient period through which a child can understand the purpose of quick and easy money and spending the rest "falling purchasing power" week for him, or what does it mean if part of the money which has been transferred to next week when we get the next allowance.  When children are filled with 12 or more years, you should get enough money with which automatically downloaded and occasional responsibility for certain personal costs, such as shearing, part of the budget for clothes, shopping for gifts for friends and family members. With older teens parents can talk about managing the specific amount of money using the budget as a basis for determining the short-and long-term goals. role of parents  Every parent wants their child one day be successful and independent. If you learn how smart that offers financing, largely it will pave the way to achieving these goals. Parents are there to help the children to distinguish between the needs, aspirations and desires. Children will often make mistakes, but from those mistakes might just best to learn. They should be allowed to purchase the desired items because we need to really feel the benefits of saved money and other disclaimers. Every mistake is a new way as a conversation and allow the child to realign spending money. Parents have a responsibility to the world, which requires compliance with the wishes of "here and now" teach children to wait to satisfying their needs and desires, they learn patience. Regularly scheduled family discussions about finances are helping children to learn and understand their responsibilities and sacrifices, as the family adjusts to a budget. Thus adopt the realistic expectations regarding money and what has to be paid out of the family budget.  should not neglect that money is not the only wealth and the only measure of value, that sometimes it can be just an illusion, and illusion. The real value is in giving. Young people today often described as the generation which is important, above all, quickly gaining money. The current lack of money would not dare to prevent the man to achieve what he wants. Do not let the temporary financial problems reduce the size of your dreams and ambitions. A proverb says: "Smash is a temporary thing, and poverty is a state of mind."Interestingly enough, I'm Bill Gates, one of the richest men in the world that he would not leave his fortune to the children because they themselves want to learn how to make money.