![]() ![]() Offer them an opportunity to earn extra income – maybe doing stuff no one wants to do such as vacuuming the car or massaging grandma’s feet. Some believe that children should not be paid for chores, but it’s up to you. You want to talk about savings? Paint a piggy bank or decorate a change jar to accumulate money. ![]() Your money lesson has to be fun and engaging. This doesn’t mean making them calculate your taxes. Involve your kid in your everyday finances.If he wants an extra slice, he can help around the house for more money. They go to his piggy bank for the money to purchase a $2 slice and a $1 drink. “ ‘You can get one thing…but it can’t be more than $1.50.’ So he chooses something and looks at the prices.”Įvery week, his school has pizza day. She brings him to dollar stores for treats. She talks to Ciaran who is seven, about prices at the grocery store. “I also want to teach him so that he doesn’t end up in this mess.” “I don’t want to leave debt for my kid,” the 43-year-old Toronto legal assistant says. It’s a family cycle of negative behaviour that you want to stop for your children When he died, she had $40,000 worth of debt. She had helped fund her first husband’s business and supported them when he became ill. Peer support: When Naomi Mesbur’s son, Ciaran, was born, she was in debt. This advertisement has not loaded yet, but your article continues below. ![]()
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