Part of the talk that parents should be with their children, should focus on “how to manage money.” Young people grow up and become independent at the time often find that the world goes into another gear … as normal as trauma preventable.
Management concepts and savings are key parts of all education: How to teach grips with the money?
A first step is to advise them of how they learn to relate to their needs and to reason about how to be independent:
- “How much do I need to save to get to buy a car tomorrow?”
- “How do I get it?”
To know what to do, it is first necessary to know that “do”. Give a small monthly fee in exchange for a small job (cutting grass, painting an environment or any other task necessary), can be a great measure to explain that those profits have the opportunity to get to get some things and not others …
If your teenager asks you for money constantly, find out why it does, and encourage them to seize what they have and live according to their abilities, not spend more than you have.
Incentive their small savings monthly interest and concientíselo about the importance of their future as a student (it is very important to save for their studies at a very young).
Do not hide the cost of the house. Engage them in paying the bills. Let them go to banks to pay the ballots of services (electricity, gas, telephone, water, etc.), thus learn the basics of how to begin to maintain a household.
Teach planning an administrative order (order and store accounts), and encourage them to take any part-time job, from the 16 or so years (for sliding fee scales that have maturity) during holiday periods summer or winter.
If your interest and capacity to business stands out, help them begin the task of investing with you. Fabricate a pool consisting of both capital and small meetings of decision making, discussing the pros and cons of engaging in this or that product. Explain what are the best choices and why.
Such activities are essential in the future independence of adolescents. It will be the beginning of the road, where your child should learn to take responsibility over their decisions. And, as we know, nobody is born knowing …
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