Teaching Kids About Money

Teaching Kids About Money

Teaching Kids About Money

Teaching kids about money can be a strange concept for children. Many kids eventually develop an understanding that things cost money and money is needed for certain goods and services. However, they may not know where that money comes from or what its value really is. Teaching your kids even just the basics about money can help them with simple math. This knowledge will also help mold them into young savvy savers.

First Thing’s First: Money Doesn’t Grow on Trees

Many kids might think that in order to get money, all you have to do is go to the bank and ask for some. Take the time to explain where and how money comes from. You need to work hard to make money and the types of jobs they can obtain.  This will help them better understand that there is more to money than it simply being at a bank. Depending on how old your children are, you can provide them money or other forms of payment. This can be such as snacks in exchange for completing chores or helping around the house.

Giving Them the Goods

Whether you decide to give your children money in exchange for chores or as an allowance, you can use this as an opportunity to teach them budgeting. The best way to teach kids how to manage their money is to give them some. If they decide to spend their allowance on a new toy, then they won’t have enough left over for when the ice cream truck rolls around. This may sound like a hassle to deal with at first. However, first-hand experience is a great teacher and it is more likely to be a lesson they will remember.

Teaching Kids About Money and Responsibility

Spending vs. Saving

This can be a family activity that you do together, whether your child is helping you go grocery shopping or you are helping them look for the best deal on a toy they want. Looking at coupons, comparing prices, and making a budget together can be really helpful for forging good spending habits in the future. Plus, it can help teach them valuable, and thrifty, saving and spending skills.

Incorporating Fun Activities

There are many activities out there that can teach kids about money while at the same time helping with their math skills. These activities can be based around basic financial principles, including charitable giving, delayed gratification, budgeting, saving money, and compounding interest.  For more in-depth reading on how these fun activities can be implemented read here.

Helping Kids Learn to Write

Helping Kids Learn to Write

Helping Kids Learn to Write

Writing is a valuable skill. Though formal letter writing on paper has died out, correspondence via email and other mediums is just as strong as ever. Helping kids learn to write well, or at least convey a thought or idea effectively, is necessary no matter what your profession.

For kids, learning to write well can be incredibly useful in their academic career. Especially since they will surely have to write papers and complete their homework effectively. However, writing can also lead to a hobby as well as increase their reading skills.

As we all know reading and writing are intrinsically linked. Being able to read well and understand concepts can help kids become better and more effective writers, and vice versa. With young kids, it helps to start small and simple, just like you would with reading. Here are some practical tips parents and guardians can try to get their kids into writing and make them better writers.

The Right Instruments

Just like how introducing babies to cardboard or fabric books can get kids acquainted with books as objects, picking out big, fun writing instruments can have the same effect.  You’ll first want to get kids acquainted with writing out or tracing letters. Safe options for younger children can include big pieces of chalk to draw with on the sidewalk or board. You can even get a little messy with paintbrushes or finger paints. Making this fun can be a great introduction to writing.

Start Small

Once your child has gotten the grasp of writing, they can move onto other writing tools. Golf pencils (smaller and easier to grip for small hands) or crayons are a great beginning. These tools are generally easier for kids to work with while they get used to the act of writing.

Personalized Activity Books

Getting the Hang of Things

As kids learn how to write out full sentences, they may need practice keeping their letters uniform and their spaces between words consistent. There are special kinds of paper that have traceable letters and other helpful tools such as personalized activity books for kids to get used to. To help with spaces between letters, they can use stamps, their fingers, or even colored crayons they aren’t using to act as placeholders while they write.

Becoming Better Writers

As kids get older, their homework may include instructions for providing long-form answers whether they be a single sentence to a paragraph. When kids are at this age or writing level, it helps to boost their communication skills. Encourage them to keep a journal or to write their own stories. This can help them develop effective communication skills via writing, and they can get used to expressing their thoughts, feelings, and ideas through written words.

How to Use Positive Reinforcement for Kids

Positive Reinforcement with Kids

Positive Reinforcement for Kids

As kids get older, they become more independent and begin making their own choices. As parents and guardians, it is important to encourage kids to make good and healthy decisions in their everyday lives.

Promoting these behaviors will help them develop into well-adjusted adults. Reinforcing these positive behaviors can also help kids feel good about the choices they make. These choices will further motivate them to continue  being good, responsible people. Here are some ways parents can use positive reinforcement for kids every day.

Verbal Affirmation

This sort of simple encouragement can go a long way. For example, “your room looks great when its tidy” or “I like how you’ve organized your toys.” This type of praise can give kids the validation they need to continue doing these things, find joy in them, and continue to listen when you ask them to complete such tasks.

Self-Esteem

Encouraging your child to improve and keep up with good behavior can be a big confidence and self-esteem booster as well as a motivator. Especially if they are being kind or helping out.  This will help them find value in these things and they may start doing things on their own.

Positive Reinforcement for Kids

Character Development

Parents are their children’s first and most powerful moral teachers. Therefore, it’s important that you demonstrate morals you want your kids to pick up from you. Try to make your life a living example of good moral behavior for your child to see.

Reinforce good moral behavior as it happens and make sure to always prioritize moral habits daily. This can be done by getting kids involved in helping others and the world around them. Instilling good values can go a long way and stay with your child as they get older.

When Does It Work Best?

But with all of this in mind, how can you know when positive reinforcement is most effective?

Utah State University published a behavioral guidelines checklist outlining when positive reinforcement works the best. According to this study, body language and positive verbal affirmation are the most effective, following a behavior you want to encourage. Saying things like “I’m proud of you,” “great job,” or being specific like “that was very polite of you,” or “that was really nice of you to (do what you did),“ can be incredibly effective.

Not all encouragement has to be verbal, either. Smiling, nodding in approval, and even doling out high-fives and thumbs-up can go a long way.

Take Away:  Using simple but proven strategies can make real differences in your children’s lives. Especially when you choose ones that matter most in raising good kids then commit to making them become a habit in your daily parenting.

 

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