Pocket money is a controversial issue for many families. Some of them have doubts at once whether it is worth giving money to the child and from what age it is better to do it. Children and parents have in this respect, sometimes, opposite views.
Instruction
1. It is necessary to give to the child pocket money. This step will teach him to many things: how to dispose of money, will place priorities what to spend money for and on what is not present, will teach to do savings and to count money. So far the child has no money, he does not represent how they can end and why to parents save on something.
2. The age will be an important question here: when the child can entrust some sums, knowing that he will not give them just like that to friends and will not lose? In most cases at preschool age the kid is still too small independently to dispose of money. He is attached to parents, does not go without them for a walk and still badly considers. And here younger school students can already trust the small sums. At this time children become more independent therefore pocket money will accustom them to discipline, will give them freedom from parents.
3. It is necessary to notice that younger school students only begin to study handling of money. They are not able to plan yet and to correctly distribute them. Therefore they need to give money in the small portions, but more often than to teenagers. Let's say you agree that you will allocate for the child money at the beginning or at the end of the week. It is unreasonable to give all sum for a month to the child of 7-9 years - there is a risk that it immediately will spend them.
4. The amount of pocket money depends on financial opportunities of each specific family. But you should not indulge the child too strongly. Pocket money is not the sum on its contents, they should not become attempt to bribe it or to provide with all the fact that the kid wants. Pocket money is an element of education, they should not spoil the child. Therefore even in wealthy families of the sum of pocket money it is necessary to allocate very small to teach the child to handle competently finance, but not to show security of family before other children.
5. It is necessary to agree with the child what it is impossible to spend pocket money for and for what he can be deprived them. Money should not become the instrument of manipulations over the child, payment of good marks or behavior. It is possible to deprive of pocket money only as a last resort: not because the child did not bring order to the room again, and you quarreled but because the kid violated former arrangements and spent money, say, for harmful chips or it is worse than that - on cigarettes though you forbade it. Cancellation of pocket money has to be temporary - for week or month and only in the educational purposes.
6. However parents should not so control strictly what the child spent the money for. They should not and criticize its acquisitions - let they are not so practical as parents would like, but it is its money and its purchases. The child has full authority to have the desires and to dispose of the things and means. Even if the child of money does not spend, you should not ask him the report, perhaps, he saves money for some serious purchase.