How to form a personal opinion for a teenager
During the puberty period, not only physical changes occur with the child. At this age, the child’s thinking skills do not just develop - this development occurs at a rapid…

Continue reading →

The main thing in raising a child is love
Parents around the world argue about how to raise their children and what methods to use. But is it really important? Are some parenting methods better than others? A group…

Continue reading →

8 tips for developing child independence
If you want to raise a self-confident child who is able to make decisions independently, you need to give him freedom for this. The key to raising an independent child…

Continue reading →

Seven Parent Mistakes in Money Handling

When it comes to meeting the needs of the child, parents are often confused. They often cannot plan their finances and make certain mistakes in this matter.

You should not buy things for your children just because other children have them. Buy only what the child needs. This will help him understand the difference between desires and needs and build the conviction that you need to earn money to satisfy needs.

Parents tend to give their children love and happiness and feel satisfaction when they see a smile on the face of the child. When buying children all kinds of things, parents are unlikely to think about how much money they spend on trifles. They just want to provide their children a happy life at all costs.

However, it is important to understand whether you can afford such expenses and plan your finances correctly. If you do not plan finances, this can lead to financial crises and greatly complicate your life. There is nothing wrong with satisfying the needs of a child, but this should not be done only in order to conform to modern fashion or the desire to make a child happy.

Consider the typical mistakes of parents in handling money.

Expensive shopping

First of all, parents should ask themselves the question: if an inexpensive thing can perform the same functions as an expensive one, then why buy an expensive one? If you yourself learn to distinguish between needs and desires, the child will learn the same from you.

Moreover, if you think that buying only branded items can make a child happy, he will soon think so himself and become dependent on branded things. This dependence will increase as the child grows older. Accordingly, your expenses will increase.

Spending all savings on child education

Paying your child to study at a prestigious university is a good idea, but all your savings should not go into it. The child must try to get a scholarship or enter a less prestigious university. In other words, you need to leave part of your savings to ensure your family a stable future.

Excessive Shopping

Newly made parents often make this mistake: they find many new things on the market and are tempted to buy all this for their child. However, they do not understand that they spend a lot of money on something that is not necessary.

For example, you need to buy a good stroller and clothes for the child, but changing the stroller every six months simply because the old one does not fit in the back seat of the car or because a new model is released is not worth it. Also, children do not need a large wardrobe, in which only branded clothing will be.

Lack of talk about finances with children

If you don’t talk with children about finances, they think that money is an unlimited resource. Therefore, children often believe that they can get whatever they want, no matter how much it costs. Do not think that the child is still too small to talk about money. Children aged 10-12 years are able to understand basic financial issues and can take responsibility for their own small expenses.

Moreover, if you give your child pocket money, offer him to buy for himself what he wants, but you consider it a luxury. Own expenses will help the child understand the difference between needs and desires.

Lack of insurance

While we have no health problems, we do not consider it necessary to take out insurance. However, we can never know what may happen tomorrow. To prevent unforeseen situations, insurance is required.

Overtime work

Sometimes it’s quite normal to work hard to provide for your family. However, it is important to understand your abilities and the extent to which you can take overtime work. When processing, you devote less time to other areas of life and risk your health.

Following the wrong examples

Besides the fact that parents sometimes make optional purchases for their children, they often cannot plan finances in other areas of their lives. Some parents teach their children how to save money and manage money wisely, but at the same time they buy expensive gadgets, spend a lot of time on vacation, etc.

Parents should always remember that children learn by observing the behavior of their parents and not by listening to their morals. Therefore, you should set a good example for your child and encourage him to follow this example throughout his life. Show the child that your words correspond to your actions.

Avoiding mistakes in financial planning, you can ensure a stable future for your family and at the same time give your child an idea of ​​the value of money and the rules for the reasonable treatment of them.

How to teach a child good manners
Today, one can often hear phrases: “Modern children are ill-mannered”, “In our time, we knew how to behave,” “Children lack good manners,” etc. However, good manners do not appear on…


Preparing your child for a brother or sister
A second pregnancy for young mothers can be as exciting and exciting as the first. You have probably already learned how to cope well with some things: changing diapers, feeding…


Second Child Syndrome: Causes and Consequences
According to the famous Austrian psychologist Alfred Adler, certain character traits of a child depend on whether he was the first-born or second child in the family. Middle children may…


Rivalry between children in single-parent families
Combined families have become commonplace today, and many parents are quite normal about this. But such families greatly affect the psyche of children falling into them. Often, attempts to combine…