How to teach children to save
September 18, 20242 Mins Read
Lifestyle Desk: All parents want their children to acquire good qualities from an early age. Therefore, from childhood, they give various advice to children to speak the truth, respect elders, etc. Saving skills should be taught from an early age for the benefit of the child. This is one of the most important lessons in life. If you learn to spend wisely from a young age, it will not be difficult to adapt to any situation in life.

Strategies for teaching children to save
* Teach children the difference between wants and needs. Make two lists on the bill board of his house divided into two sides. In this he will learn to reduce unnecessary spending on hobbies.

* Give your child the responsibility of money from a young age. Even managing a small amount of money requires a sense of responsibility. He will not have any problem when he grows up if he is given the responsibility of small and small amounts.

* Discuss with the child how much MB, internet or electricity bill has come in a month, how to reduce this bill further. He wants to know what he thinks.

* Go shopping with your child. Give him the list. Explain what to buy and how much.

* Put the little money you save in his little bank. In this he will achieve the quality of marketing and saving within the budget.

* Buy the child a small bank to save money. Consider his bank as a bank. You will see that your child will be careful about savings.

* Often parents lose to the child's earnestness. The child buys what he wants. Many times he promises to buy something to get a job done. Children do not learn to value things. So not everything can be bought according to earnest. Let the child understand that not everything is available by will.