Introducing…The Jallie Band!
Featuring: Jake on metal gazoo, and Ellie on mouth organ! And Daddy banging rhythmically on whatever is to hand. (Sounds of wild applause and cheering)
They were pretty good too!
A guest post by Karl Wittgenstein
If parents ask who you want to see your child in the future – rich or poor – the majority, of course, respond that they want to see their son-daughter affluent and career perspective. But you need to understand: a financial genius does not wake up by itself in the child – it is important to lay the foundation in early childhood.
So, today we will talk about proper financial education of children.
Tip 1. It would be the best option to instill a financial culture in children by your personal example, experienced parents note. A talk or deliberately simulated situations have much less influence than the behavior of parents and others. If the child is taught to save money with words, but he sees the parents who splash them out, it is unlikely that the child will listen to the words. In this case, actions will be much more influential. Therefore, it is desirable for the parents to understand whom they want to bring up: an altruist, ready to share the “last shirt”, or an economical person. Then you can develop a strategy for training such a person.
It’s better not to speak about the money, but it is necessary to teach the value of things in the first years of child’s life. We need to educate the careful attitude to things, even toys, and explain: this thing is expensive, it is necessary to treat it gently and carefully and put them in place because if the thing breaks, parents will not be able to buy the same. Parents should understand that they do not need to react like “It’s okay” when something is broken deliberately or because the child is too unmindful. This lays the improper attitude toward money in the future and one day your child will not only splash out the whole month-budget but impudently ask you “write my essay”.
Tip 2. With the three or four years old child it is already possible to explain what money is. It is necessary to show the child coins and banknotes and explain the difference between them, for example,you can explain why the banknote is more valuable than coins (although there is only a piece of paper alone, and there may be lots of coins). When your child is five or six years old, according to the psychologist, it is advisable to explain to children where the money comes from. In this case, there will be an occasion to talk about the professions, it is important to explain to the child that the money does not appear from anywhere. Explain that you earn them by working hard. Then if it is possible, show what you do all the day round when you are at work. This approach triggers respect for parents.
Tip 3. Play role games
The Proper attitude towards money is better formed in the form of a game, according to the parents: the nature of finance is complicated, so it is desirable to make the whole process both entertaining, informative, and understandable. You can imagine that you are in the hospital, at a hairdresser, in the shop, train or even play the traditional” Monopoly “- imitate real situations where you can use the money. These games are useful because they can be played with the whole family, and you will be able to monitor the behavior and emotions of the child and if.. your child has committed financial errors you can suggest how to fix them”.You can make fake money by yourself or with a child: cut paper and paint – it is, in particular, develops fine motor skills.
Tip 4.Cash. How much and how often should we give our children pocket money – a topic for another conversation. According to parents, allocating small amounts of money should be when a child has learned to read and write. It is important to establish clear rules of financial relationships within the family. Pocket money for children — is a salary for them, so appoint this salary once a week , because they still do not know how to plan the expenses and all the monthly budget can be immediately spent on candies and other things. In fact, the child.. can be given the freedom of choice in the purchases, but it is desirable to restrict purchases of unhealthy sodas and chips. It is useful to give a piece of paper with a table on it, where it is necessary to fill in the column “balance at beginning of the period”, column “income” (ie money that can be made by cleaning house or helping grandparents etc), column “expenses” (where the child writes down all your expenses for a week + in total) and the column “ending balance”. As long as parents do not get this report from the child, a new piece of pocket money is not issued.
As for the size of the amounts for pocket costs, psychologists recommend allocating money for specific purposes – transportation, lunch in the dining room or on the cinema, for example. “But if the child says he needs more money, ask him to sign the budget and justify why he needs the increased amount.
Tip 5. Family saving
Many parents do not like to go with the kids to the store because the smallest one will need to buy all the sweets and toys there. Experts advise not to be afraid to reply “no”, but always explain the reason for the refusal.
If your income does not allow to buy an expensive toy, then talk about it directly. It is better to say that the entire income is spent not solely on toys but on utilities, food, and travel. But you can postpone the purchase, for example, each month put aside 1/3 the cost of the toy and you will be able to buy it, but it is important to keep the promise if you do not want to lose the trust of a child.
Children across the UK from all walks of life, are being given an equal opportunity to take part in a quality-checked activity free of charge for a year via Sponsored Child 2016, a charitable initiative created by KalliKids.com.
Designed to encourage children of all ages on the importance of developing personal interests and engaging in new activities, the annual sponsorship scheme gives youngsters the chance to try new things and learn new skills in anything from swimming and playing the piano, to dance, tennis, mathematics and much more.
Ambassador and former British number one national tennis champion, Julie Pullin, is also supporting the initiative, “All children regardless of circumstance, economic or social status deserve the opportunity to learn new skills. Tennis gave me all sorts of skills from confidence and social skills to wanting to succeed, dealing with adversity, being respectful to others, conflict resolution, positivity and tenacity, as well as some amazing experiences”, she said.
Triumph over tragedy for Sponsored Child Sophie…
In 2015, 25-year-old Kayleigh Osborne applied for a place with Sponsored Child for her 4-week-old daughter, Sophie, to be sponsored with swim school, after her husband, Dan, was tragically killed in a car accident shortly after their baby was born.
Kayleigh said: “I saw Puddle Ducks swimming club had a taster trial which I went to and loved, but couldn’t afford to commit to the lessons. Someone suggested I apply for a place through the KalliKids Sponsored Child scheme. It went from there. It was an amazing opportunity for me and I was so pleased she was picked.
“Sophie started learning to swim in April 2015. As well as it being an invaluable skill, it has helped me to overcome hurdles and has been essential in helping us to bond. In the water she relies on me solely. It gives us time to be together, focused on something positive and not our grief. Now I wouldn’t be without Sophie for anything.”
Karen Bach, founder of KalliKids.com spoke about the scheme, “Since we launched the scheme two years ago we’ve helped so many children across the country like Sophie, to try out fun, new activities that will aid their physical and social development and help them to build greater confidence as they grow. I would urge parents to take a look at the many sponsorships on offer, it is free and easy to apply online and if successful, free to take part.”
The scheme is open to all children across the UK and selected children are motivated and enthusiastic with a positive attitude towards learning and are able to commit to attending the full 12-month activity schedule.
Applications are open now, to enter go to: www.kallikids.com for more information.
KalliKids is the trusted online resource that currently connects over 90,000 parents with quality-checked, children’s activities and services across the UK. Membership is free; users can simply search for activities of interest in their local area to discover a selection of accredited children’s activities and services, all checked upfront and with ratings and reviews from like-minded parents. Parents can join to save money, become part of a wider family-oriented community and share their opinions and recommendations across one, easy to use website.
So…I’ve bought a treadmill.
Ellie, ever observant, noticed this – probably because Jake was standing on it at the time – and asked me “Daddy, why have you got that – ” Me: “treadmill?” “yes: ‘treadmill’?”
I actually have this slightly mad idea of using it as I play my favourite Xbox game, Skyrim, so that I walk as my character does, run when he does, & sit down in the Inn and drink ale as – well, actually I probably do enough of that already, & that’s probably why I need the thing in the first place…
I was explaining to her what a treadmill does and why I need it. I believe the words “big fat belly” may have been used, again. Possibly.
Her response took me by surprise.
“But daddy, it doesn’t matter what you look like, it matters that you’re kind”.
Wise words for a 5-year-old, and definitely a Magic Moment!
Although I do need to lose weight (as well?)
For more Magic Moments just click the pic: