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You are here : home > Raising Children > Raising Smart Children > Teaching Children the Importance of Money > Comments

Comments:

Name: Payal
Country: India
I usually give some allowance to my son for a week. He has the habit of saving and usually saves half of whatever we give him. He will use his saved money to buy books or maybe candy as he pleases :). He would never compel us to spend extra money for his needs. After seeing this habit my friend has started giving some allowance to her daughter and now she is in process of teaching her daughter the importance of money.

Name: Nishita
Country: India
nice

Name: prasanthi
Country: India
I do give my money to my kids as pocket money when then perform good in there school activities and in there studies.i learn them how to save there pocket money and i will teach them how to spend on there things. Kinderspac es

Name: Saini
Country: India
I do give my kids extra rewards in the form of pocket money whenever they achieve something. My son scored a good mark in the class test happened at Orchids The International School in Bangalore.

Name: Sonali Pradhan
Country: India
Very true - Also its never to late to teach children the importance of money and its value. We have a unique program designed to cater to this need of parents. For details check www.iflyacademy.c om

Name: Sanina Khan
Country: India
quite true!If kids are never given any money, they will never learn to manage it.An allowance helps them to experience what it's like to have money. they will think twice on how to spend it and thus will also decide to put some away for later use.

Name: Ravi Debey
Country: India
I give my kids an allowance and this is for a specific period say a month or a week. They have to use this money for their basic necessities and also save something from it. this way they will learn about saving also.

Name: Rohini Sawant
Country: India
Teaching your children about money, can be a fun experience and a very valuable lesson.Teaching starts when they are young enough to count and teaching by example is the best way to go

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