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Love those ideas for introducing interest. I would let them lose money if they’re investing in your investments and you realize loss as well to prevent unrealis
by artificialLimbs 5y ago
Love those ideas for introducing interest. I would let them lose money if they’re investing in your investments and you realize loss as well to prevent unrealistic expectations.
Our house is set against gamifying chores, and finding ways to instill a sense of pride, appreciation, practicality, and maybe even art in cleaning affairs. Granted we only have a 3yo so time will tell if that’s even possible. I suspect that may be personality related.
I think just discussing money is one of the best helps. My family almost never discussed finances and money, and do no investing. I’m seeing the consequences of those decisions for them, and have taught myself about various things money to hopefully help prevent their kind of situation for us.
We often discuss prices when we buy anything for our kid, whether it’s a box of candy or some food they want or a toy. We do give a weekly allowance to our kid, and they still get a big kick out of it even at only 3.