How much money to give the child
Sooner or later any parents begin to give their child pocket money. Once the parents decide that it is time to begin to allocate to the child a certain amount of pocket money, we have a problem: "How much money to give?"
The question is, really, difficult. Will give way too much money a child can spend on anything unnecessary or even harmful. Give too little — it will feel disadvantaged in comparison with their peers. How to find a middle ground? How much money to give a child for pocket expenses, so that everyone is happy?
There are different opinions about this, in some countries, the amount of pocket money for children of different age, even enshrined in law. We have such legislation, unfortunately (or fortunately) yet, so parents have to decide how much money to give to a child. The amount of money issued out of pocket costs depends on several factors.
First, determining the amount of pocket money, you need to take into account the financial situation of the family. Paradox: Parents with an average and small income often give their children more money than wealthy parents, because they are afraid that their child will in some ways be "worse" than their peers. This is commendable, of course, but it is worthwhile to soberly assess its capabilities. The allocated amount should be enough for a child to eat at school, travel by public transport and other daily expenses, but at the same time, it should not significantly "beat" the family budget. It is important to explain to the child why you can give him exactly that amount of money.
Secondly, the amount of pocket money depends on the ability of the child to dispose of them. Here plays the role of the child's age and personality. It is logical to assume that a teenager will manage money smarter than a first grader, just because he's older. But all children are different: someone already in Junior high know how to spend money wisely, and someone at the age of 16 will be flush with money right and left. Before issuing pocket money is worth a conversation with your child, explain to him that he is responsible for their costs. But don't blame him for an unplanned purchase, instead, is to discuss with him the importance of proper distribution of its small "budget."
Thirdly, the amount issued of pocket expenses depends on how much pocket money to give to the child's peers. But do not overestimate the importance of this factor. On the one hand, it is useful to know the "average" amount that the classmates of a child receive in order to know what to orient themselves on. On the other hand, there is no need to try blindly "reach out" to a certain standard. If your family budget does not allow you to give the child the same amount of money as his peers receive, try to explain to him the difficulties of your financial situation and emphasize that money is by no means a measure of love and prestige.
What is not to be guided, in deciding how much money to give the child? Determining the amount of pocket money for your child, don't:
- To try to compensate for the money the attention deficit. Often busy parents give their children more pocket money: "I can't spend more time with the child, therefore giving him more money." You can't do that — the love of money can replace.
- Use pocket money as a punishment. The amount issued of pocket expenses should remain constant regardless of the conduct and progress of the child. Limit the child's money — not the best educational measure.
- Not to take away the child's "surplus" money. If he spends all his money — it does not mean that he does not know how to dispose of them, or that you misjudged his expenses. Just the child is able to save — and this quality should be encouraged, not punished.
As you can see, the universal answer to the question "How much money to give?" no. Your best assistant in this case — common sense. Evaluating the financial situation of the family and the child's ability to manage money, you can probably determine the optimal amount of pocket expenses for a week.
And remember that pocket money is not just a promotion. You should not just give the child money for pocket expenses, but also to teach him to dispose of them, plan your budget. The earlier a child learns to correctly handle finance - the easier it will be for him in adulthood.