How children learn to deal with money?
A pocket chart for parents
The importance of pocket money to children as they learn to deal with him carefully and profitably to save money.
Long before children receive their first pocket money, when shopping they learn that their parents are on the market or in a commercial product and then decide against coins or paper notes one. You know that those payments in a separate work, in a company or a service purchased. At least if they wish outside the daily needs are, they think about how they can earn money. Most are parents or grandparents to the children an allowance is available. It allows children the responsible use of money to learn.
What is money?
Most of the pocket, the first freely available money with which children learn the business. There is no merit to the children, but a gift from the parents or relatives. Pocket money to children must be free disposal. One caveat: You must not contain dangerous items, alcohol, drugs, cigarettes, or large quantities of sweets to buy them.
The amount of pocket money must be the development of the child in question.
The payments should be for this reason, regular, daily, weekly or monthly.
The parents are interested in spending, but does not affect.
In order for children to learn finiteness of money, should not be financed.
With the withdrawal of pocket money, the parents of the child not be blackmailed. The child has with the sum is calculated and may be tempting to steal.
For the money, the child must not eat or buy clothes.
The allowance is also paid when the child is dazuverdient money.
The importance of pocket money
Pocket money is a gift. With it, children can experience in dealing with money and early learning, financial priorities. In the beginning, the amount of money not yet decisive. It represents only a first step towards self-responsibility and self-determination; Whereas the child will learn that money has a certain value and not in unlimited amounts available. The pocket can be used for their own purposes, it can also be financed gifts.
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Since when is money, how much paid?
The question can only be answered individually, because the child the value of money to know and an opportunity to spend as required. It is also useful to contribute to the directives of youth-oriented offices. Children may also be that people used to exchange and that this currency is still commonplace.
The German pocket recommend the following amounts:
2-5 years: 0.50 euros per week
6-7 years: 1.5 Euro per week, more than 2 euros
8-9 years: 2 euro per week, up 2.5 Euro
10-11 years: 13-15 per month
12-13 years: 18-20 per month
14-15 years: 23-26 per month
16-17 years: 32 - 42 euros per month
18 years: 62 euros per month
Excessive payments are not educationally meaningful, because the child does not know how nice it is to forgo the short term to long-term desire to be able to fulfill.
Does save make sense?
"Spare the time, then you will have in an emergency" is a proverb that its meaning is still satisfied. Many savers decide to include an "Notgroschen" back and to put some money regularly into a savings or assets into a piggy bank. Even small children understand how the parents saving for vacations or unexpected emergencies put away. For them, the parents also be modeled. A rappelndes, klickerndes, bulging piggy bank is filled for a small child a beautiful, sensual experience a savings account can not fulfill. A savings account is used by grandparents, parents or relatives for the child to adapt it later to allow for a degree or something for the child to purchase. Older children motivates your own savings account at the savings. A savings account is for saving large sums of money are not suitable because it takes very little interest. Parents, their children and in money matters well advised to inform themselves together with their children at various financial institutions, as they have saved can multiply. The following equipment is the child until the account 18.Lebensjahr available:
Money accounts or fixed accounts, which bring in more returns. The name is the overnight cash because the money in the account are funds investors, in contrast to the fixed date, or money, every day is available. Fixed that for a certain period of time is created, often better remunerated. The interest rates vary with the money. Many parents also close early for their children have a building contract.