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Health & Fitness

How can we help our kids learn that money doesn't grow on trees?

I remember the days of  "I need.....new shirts, my old ones just don't look right....more Pokemon cards.....the latest Madden game......new book covers, stripes are last year".....never mind the constant need for new clothes because of growing.  I struggled with helping my kids learn the value of money.

Here's some ways you can help your kids....

·        Give them a set amount of money to buy clothes, and let them manage within that.  If they run out of money and have not bought the necessities, they will learn from their mistakes.

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·        Have them save their own money from gifts and allowances.  When they want something that is optional, remind them that they can use their savings to buy it.  When they run out of their money, kindly remind them that they made their own buying choices, and can save up again.

·        Give them money in the grocery store, and a short shopping list.  Have them keep track of how much money they are putting in the grocery cart.

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·        Do not rescue them!  If you jump in and give them more money or buy them things, they will not have learned how to manage their money.

Think of all the things you will be helping them learn....how to manage money, what their priorities are, math skills, problem solving skills when they run out of money, that they are capable, and that they can learn from their mistakes.....and there's probably more!

If you would like to learn more about the Positive Discipline model which helps build connections and relationships, and how to raise respectful, resourceful and responsible children, check out our upcoming introductory and 6-week class schedule at www.positivedisciplinewesternct.org.   The summer schedule will be available later this month!

Positive Discipline of Western CT inspires and promotes the development of life skills and respectful relationships in families, schools, and businesses in our local communities. We provide classes to parents, caregivers, educators and youth development workers to help strengthen relationships with children, encouraging them to be responsible, resourceful and self-reliant.

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