This is it. The final group of tips to take your through the rest of the month. I hope you have found a few activities to do with your kids. Teaching children and teens to be financially responsible and ready to tackle the real world is not a quick fix. It is a way of thinking and interacting with your kids on a daily basis.
April 22: Talk with your child about the difference between needs and wants, using examples that she can relate to. Stress that a want does not become a need just because she wants it really badly!
April 23: Read books that relate to money concepts. I have recently reviewed two books for kids and two books for teens.
April 24: Check out some great online money games for your child. I have a recommended list on the home page of this blog.
April 25: Have your child wait a week or two before purchasing a big item. If they still want it after a week or so, then it is probably a good purchase for them. If the excitement has worn away, they can probably live without the item. Delayed gratification can reduce impulse purchases. A blogging friend of mine, Suzanne Parker at Growing Rich Kids, recently wrote a great article about Delayed Gratification.
April 26: Count and roll the change in your house. Kids will be surprised how much the change can add up to.
April 27: Encourage your children to donate or sell toys that they no longer play with.
April 28: Reduce your kids’ exposure to ads. You may just see a reduction in the "gimmes!"
April 29: Don’t be an ATM for your teen! When he runs out of money due to spending or poor planning, make him wait until the next allowance day.
April 30: Consider matching or paying interest on money that kids save.
Let's continue the conversation! What ideas or tips do you have that have worked with your kids?