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Home » Money, Kids & Holidays

Money, Kids & Holidays

December 13, 2010 By Laura Santomauro MFT

 There are several ways to teach these concepts.

1.  Have children contribute to buying gifts for parents and siblings

They can take some of their allowance and pitch in!  They’ll be more invested if they can help choose the gift… and they’ll get a real lesson on just how far a buck goes!  If they don’t have allowance, have them earn some $ through chores and helping out.  Build their self-esteem by discussing how good it feels to be a part of the family and contribute in meaningful ways.

2.  Discuss what is on their wish list, prices and reasonability

Let children know that not everything is within reason!  There are limits to what is affordable and appropriate for different ages.  Think about the price tags you’re willing to spend and what message that is sending to your child.  This offers a valuable lesson in prioritizing our wants – and how they differ from our “needs”!

3.  Explore Giving Back

Discuss local food drives & toy drives and the meaning behind giving back to these programs.  Have children select and pay for part of what your family contributes.  Explore different ways children can make an impact – are they willing to give up one of their presents to a child in need?  These acts increase self-worth, altruism and volunteerism.  Use this Season to teach your child he is only a part of the whole.

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