kittzy07THE VALUE OF TEACHING YOUR KIDS ON SAVING
Every time my husband and I go home from work, my eldest daughter harasses, (if that’s the right word) us for some coins that she could drop in her piggy bank. When she does this, she always say, “Pig! Pig!” It’s like she’s saying give something for the pig. While my youngest, every time we give her some coins to drop for her piggy bank, she immediately puts it in her pocket and goes away. 
I don’t know. Maybe she’s just saving it for later deposits.
How early should we teach our child about saving? Maybe the answer to that is the earlier they recognize on acquiring things through buying? Like my almost three-year-old kid. She always points for things on the TV show and asks me to buy it. Like, “Mommy, elephant buy?” or like “Tigers, buy?” Then I’d answer, “Ok! I can’t buy that but maybe we should start to fill-up Ms. Pig with coins so that we could save for entrance fee to the zoo, so you could see your favourite animals, ok?” On which she willingly answers, “Ok!”
What is the value of saving at their tender age? For them, dropping coins to Ms. Pig is just for fun but they will begin to understand that through saving they can buy things that they want. They will begin to value the things that they’ve bought from their savings. On other times, we use the coin as a reward if they have done something good or have obeyed to pick up their toys after playing. In this way, we teach them on how to persevere and work hard for the things they want to achieve, to be patient in achieving them and to be contented with what they have for the moment. Last, but not the least, we would like them to grow up to become financially-wise and independent responsible adults.
I don’t know. Maybe she’s just saving it for later deposits. How early should we teach our child about saving? Maybe the answer to that is the earlier they recognize on acquiring things through buying? Like my almost three-year-old kid. She always points for things on the TV show and asks me to buy it. Like, “Mommy, elephant buy?” or like “Tigers, buy?” Then I’d answer, “Ok! I can’t buy that but maybe we should start to fill-up Ms. Pig with coins so that we could save for entrance fee to the zoo, so you could see your favourite animals, ok?” On which she willingly answers, “Ok!”
What is the value of saving at their tender age? For them, dropping coins to Ms. Pig is just for fun but they will begin to understand that through saving they can buy things that they want. They will begin to value the things that they’ve bought from their savings. On other times, we use the coin as a reward if they have done something good or have obeyed to pick up their toys after playing. In this way, we teach them on how to persevere and work hard for the things they want to achieve, to be patient in achieving them and to be contented with what they have for the moment. Last, but not the least, we would like them to grow up to become financially-wise and independent responsible adults.
Reality TV
The Jeepney Stop
First Time Mum
Parenting Toddlers
I really hope that there is also a financial academy for kids.