If your kids ask you to buy something, tell them they need to wait 24 hours. This gets kids out of the habit of “I have to have this now so let’s buy it now.” It slows down their purchases and gives them time to think.
Tip of the Day April 21
Show your kids how much you love and care for them by spending time together, asking their opinions, and setting boundaries.
Tip of the Day April 20
Be intentional and consistent about money. For example, start a weekly allowance that provides the same amount of money each time. Be clear about what you will and will not pay for—otherwise kids will think they can ask you to pay for everything.
Tip of the Day April 19
The next time one of your kids lashes out at you, don’t lash back. Say that the matter can be discussed later, when everyone has calmed.
Tip of the Day April 18
Showing your kids that you care about helping others sets a powerful example. Decide on a percentage of your income that you will give each month and, with your child, pick which nonprofit organizations, schools, or charitable causes you will give to.
Tip of the Day April 17
Accept that you cannot always solve your kids’ problems, but let them know that you intend to stick by them through thick and thin.
Tip of the Day April 16
Do your best as a parent, but don’t expect perfection. Your kids aren’t perfect either, but you can focus on the good in them.
Tip of the Day April 15
Talk about money with your kids when the conversations are easy and when they’re tough. When we talk about money with our kids, we teach them how to think about money and how to make positive choices.
Tip of the Day April 14
Letting your kids be responsible for their own outcomes (even if they’re not necessarily what you want) is challenging, but remember that empowerment is important.
Tip of the Day April 13
If you expect your teenager to pay for part or all of her further education after high school graduation, be clear about that and look together for ways she can earn that money.