Harrison Fray offers the following royalty-free article for you to publish online or in print. Feel free to use this article in your newsletter, website, ezine, blog, or forum. ----------- PUBLICATION GUIDELINES - You have permission to publish this article for free providing the "About the Author" box is included in its entirety. - Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity. - Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only. - If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links. - Please send a copy of the publication, or an email indicating the URL to [email protected] - Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article. ----------- Article Title: 5 Effective Ways to Teach Your Children to Save Money Author: Harrison Fray Category: Parenting Word Count: 486 Keywords: saving money, money, child learning, parenting tips Author's Email Address: [email protected] Article Source: http://www.articlemarketer.com ------------------ ARTICLE START ------------------
As parents, we worry too much about our children's future. We want to make sure that we equip them with ways that can help them obtain a better opportunity in life. We develop their attitude, character, and leadership, and we send them to school. Oftentimes, we forget to think about establishing their financial future, which should start by teaching them how to save. This should not be the case. As parents, we must realize that through saving, we teach our children how to develop a positive attitude toward money. Now, how do we do it? Here are the five effective ways (remember, this should start soon as he learns how to count): Be a good role model As parent, you should set a good example to your child by showing him how you manage your own money. Show him your money box. Explain to him what you do with the money box and why are you doing it. Being small, he will not easily realize what you are trying to explain to him, but he will surely try to imitate. That is what is important for now. Buy him a coin bank To enable him to fully realize your actions, buy him his own coin bank. At the beginning, he will just try to be like you; but as days go by, he will go on his own, asking you for money to put in his coin bank. Give him two money boxes If you are not keen on buying him a coin bank because you want to teach him something unique, you try to place two boxes in his room. Label one bank with "spend" and the other with "save". Show him how you will divide the money that he received either from you or from other people. He will remember this process, which he will maintain as he grows up. Open a bank account in his name Bring your child along with you in the bank. Tell him that you are opening a bank account in his name and why. Afterwards, make a regular visit to this bank to deposit. Teach him how to do it. He will grow up doing the same thing. Reward him for every dollar that he saves. Make saving enjoyable for your child. Tell him that for every dollar he saves, you will match it with another dollar. For this reason, he will build an interest in saving. You need not worry about this kind of reward. He is only a child; thus, he will not have more money than you do. You can easily match his savings. Teaching your child these five effective ways to save money is not about earning money. It is about developing a positive attitude toward money. More importantly, any way you choose from this list will surely build a character that will help him secure his financial future. And, this is more rewarding for you as a parent. Harrison Fray is an experienced and expert home decor planner who specializes in kids bedding and kids room decor buying. Drop by http://www.kidstoddlerboutique.com and see what Harrison recommends. ------------------ ARTICLE END ------------------ [Non-text portions of this message have been removed]
