Responsible Parenting

Table of Contents Introduction Money in Hand Child Learning to Manage Money Giving Way to Your Children's Continuous Demands The Great Allowance Question Value of Hard Earned Money Teaching Children How to Save Granduncle's Tips on How to Get Full Value for Your Money To Haggle or Not to Haggle, That Is the Question Conclusion Author Bio Publisher Introduction Many parents today are sitting on the horns of a dilemma. How old should the child be before he should begin to learn the value of money? How much money should be put in the hands of children? What relationship has money with the state of a child's mental happiness and contentment? These and other money related problems have perplexed parents only in the 20th and 21st century, when in the last 50 years, children began to be taught more about managing money, obtaining money, and how best they could exist on a limited budget. This of course is good practice, for when they grow up. This book is going to tell you all about how you as a responsible parent can contribute to your child's mental and emotional growth in the right manner by teaching him all about money and its real value. Remember, the word value here stands for worth. The representation of money in its physical form, when it is going to give your child emotional support and security, and a feeling of psychological well-being. How many children today grow up feeling insecure because since childhood, their parents keep arguing? And one of the main points of these arguments is money money money. A child whose parents keep arguing about money, is going to grow up thinking that the lack of it is really disturbing, because subconsciously, he has already assimilated the fact that those loud noises during his childhood had everything to do with the lack of money or money that had been wasted in need less expenditure. According to one or more parents, something was not needed and the other parent had bought it. And so a fight. When a child grows up, he is either going to be very careful about saving his money because he will not like it to be the reason for more arguments and unpleasant atmospheres around him. Or, on the other hand, he is going to go the other way, and not save any money at all, because he does not want it around him. So rule number one of this book, how can you teach children all about handling money properly and in a responsible manner?