kids and money piggy bank
kids and money piggy bank

2. Talking Negatively When it Comes to Money.

Have you ever said to your child/or been told, that’s too expensive, what do you think money grows on trees, we can’t afford that. I’m not made of money. Even though this may be true, this will set a negative tone around money for your kids. They will start to think they are not deserving of wealth, things in their life are too expensive and create fear of never having enough. Instead, say to your child, it's not in the budget this week, but if you would like to find a way to earn the money for it, I will help you. Or, sure, you can have that but you must use your own money for it. This will show your child even though they cannot have it right now from you, they can figure out a way to attain it themselves. This opens up their mind of what is possible.
 

  • Our beliefs and habits start forming from birth, think about what you were told by your parents and how that made an impression on you and your habits with money today.
     
  • When you talk negatively about money, it creates fear of money. The saying, “What you Think About you Bring About” If you fear not having money, you won’t have money! If you say I am poor than you will be poor.
     
  • Say to yourself, I’m a millionaire; I just have not deposited the money yet!
     
  • Never say things are too expensive, realize you are not making enough money yet. It's been proven how powerful the mind is, be careful what you put in your mind.
     
  • There was a study done where people were talking to plants and the plants responded to their voices. If we can influence plant life, just think of the influence we have on our children.
     
  • It is normal for children to ask for things, it is human nature to want, kids are natural born askers and you want them to keep that wonderful talent for when they grow up. If you constantly tell them they can’t have what they want, they will start to just settle for what they have. And when the day comes for your child to ask for a date, ask for a raise, or ask for someone’s hand in marriage, they may not be able to do so.
     
  • Encourage them to ask for everything, when they ask and you are not able to provide it, just say to your child “You are an incredible asker, and don’t give up, but I can’t get that for you today. However, why don’t you think of someway you can earn the money to get what you want.
     

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