Teaching your teenagers how to manage their own money and earn things they want is important. Still, many parents enjoy pampering their kids. This can lead them to become spoiled brats. You can find a healthy balance between pampering them and teaching them important money management skills.
How To Pamper Them
Some of the most basic necessities such as school clothes, shoes, and supplies are great opportunities to pamper your teen. It’s important that kids understand where to buy nice things at a good price. Sites such as Offers.com have great deals on many items that teenagers desire. Teaching children how to manage their money and what things cost are basic money management skills they will need when they break out on their own; shopping together online for a high quality back-to-school wardrobe is the perfect opportunity to teach those lessons.
When To Teach Them To Be Independent
Many parents struggle with knowing when to teach kids how to pay for things on their own. Essentially, this is a personal choice for families. Many parents decide that at a young age, their kids will receive an allowance and must use it to buy any extras they desire. The kids pay the cashier with their own money and go through the buying process to learn that they must earn and spend money for life’s little luxuries. Others may feel that kids shouldn’t have to pay for things until they have a job and are saving money to buy a car or concert tickets.
Whatever a parent may decide, it’s important that at some point, teens learn to value their possessions and appreciate how much they cost.