Realizing Money

If your child has started asking questions about money, it’s time to give him his first economics lessons.

A 2-3 year old child’s interest in money is not an indication that he is materialistic, but simply curious. Your child first tries to explore his own body. After that, what’s going on around him starts to interest him. It is especially important for him to monitor your behavior. One of the most interesting things parents do is undoubtedly using money. The image of money also attracts the attention of children. Colored papers, sparkling coins that make noise…

It is very fun for children to withdraw money with an ATM card or give money on the minibus and buy coins on it. At the same time, these tasks make them feel important.

make a habit

To ensure that your child has a respectful attitude towards money, you need to give him financial responsibility from an early age. Get a locked piggy bank and have the coins in it. Or you can tell him to stack his unused bills in a wallet. Another method can be to buy a toy cash register.

Since your child is still too young to give pocket money, you should make a deal with him on the street. Tell him that he doesn’t want everything he sees, and that you can buy only one of them, up to a certain amount (for example, 2 liras). Or, if you are not planning to buy something, it would be correct to tell him beforehand such sentences as “We will only buy what we need today, no toys”. Never tell him that if you spend a lot of money, you’ll end up broke and on the streets. Even their jokes make children very nervous.

Also, remember that you don’t have unlimited money. You might say, “We have enough money, but if we spend it on unnecessary things, we cannot afford to pay for our essential needs.”

The best things are free

Interest in money can also stimulate interest in non-materialistic values. For example, if your child paints you a picture for your birthday, thank him repeatedly and hang it on the wall to show you appreciate his gift. In the same way, you can say that if he saves money, it would be right to share it with those in need, and that it would be a very nice behavior to throw a few coins into the charity piggy bank he encounters in some places.

Some parents do not consider it necessary to teach their children about money, they do not spend time on it. However, no matter what, the concept of money should be taught, information should be given about income and this should be started when the child is young. When the child is 2-3 years old, it is possible to talk about making money, spending and saving.

Children this age can understand the concept of saving money when they can see and touch money as they have learned concretely. To teach this, shopping games can be played with toy money, coins can be saved in a jar or piggy bank.

They cannot understand that coins have different values. You can classify coins by color and size to show that each one is different.

They may think that coins are more valuable than paper money. For this reason, your child can pay for one of the products you buy after shopping.

He can learn the concept of borrowing by borrowing something and giving it back. You can improve the concept of borrowing by renting a VCD and returning it after you’re done.

Teaching money to the child helps him learn the positive and negative meanings of money, as well as preparing him for the future or acquiring the habit of saving some of his earnings. For example, they learn that the way to show love to someone can be expressed in words and actions as well as receiving gifts.

Young children wonder why their parents don’t get the toy they want, not how much money they make. Share your sadness about the demands that you cannot meet financially. Children want to know why their parents say “no” to them.

Related Posts

Leave a Reply

Your email address will not be published.