Being more structured so that kids understand 'Money matters!!'

After few days of analysis of my son's behaviour , I decided that I need to be more structured in dealing with 'Money' issues with him. I came up with following :

1.As soon as kids learn counting, start giving them pocket money and ask them to decide what they want to do with it.

2.Take kids for outing then tell them they have a choice between the 2 like it can be..

a. Eating out.

b. Buying toys

so they can choose between the two and not create hassle while you are there.

3. Discuss their demand with 3 words Want,Wish and Need and discuss the meaning of these with them regularly.

Lets see how it goes .......


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