Every mother has a different approach on how to teach their children to be financially responsible. It is not an easy task because you may sound a bit “kontrabida” to kids. But, of course, not all kids will take it that way. There’s always an exemption.
How do we mold our kids to be financially responsible? I myself allow my kids to save in a piggy bank. Then let them buy things they want when money is already enough. Sometimes I just add a little bit more. But, often times, I get to see their piggy banks with big holes in it and find nothing inside. Then I ask them, what did you do with the money? They would always tell me that they bought something from the sari-sari store.
Sometimes it’s hard to explain why they need to save. Why they need to be thrifty. Why they need to be responsible. Easier to say that it’s for your own good. But, do they really understand?
Moneymax.ph sent me this infographic about Mommy Saving Tips and felt compelled to share it with you.
As I always tell my kids. “Good life comes to those who work hard. Do this so your kids in the future will not suffer.”
It’s never too early to educate kids about money and it’s never too late for adults to learn.
How about you? Your thoughts are welcome.😊