Give your child a monthly allowance that is 8-12 times lower than the price of something it really wants. Watch as the child saves up to be able to buy it or fa

Give your child a monthly allowance that is 8-12 times lower than the price of something it really wants. Watch as the child saves up to be able to buy it or fails. Raise the allowance slowly as they get older, but never so high that they can buy what they want comfortably. Let children be children, don't force them to work summers and holidays to teach them a lesson, that will come in its own time. They will have to work the rest of their lives anyway. It's better to teach them how to save instead.