All About Teaching Values

[ZacK]

Hahaha certainly enjoying this thread discussion... Especially finding out what other parents are doing to teach just one value on money management

jedamum:

Then I told my husband, what's the point of excessive wealth accumulation if you don't know how to enjoy the fruits of your labour? Its pretty tricky to strike the correct balance between being frugal and being paranoid. My boy has been so careful of his 'wealth' that he ensures that he logs out of his account so that 'mummy will not go in and spend his NP'. :?

Yeap this is the other thing that we must teach our kids not to do... That is going to the extreme of being paranoid and overly particular about spending $$. I find that it's important to learn how to earn the $$ as well as spend $$ ... wisely. After all, what's the pt of earning tons and tons of $$$ when we will never be able to bring it along wherever we go after our hearts stop beating :roll:

[BlueBells]

\"The child who eats together stays together.\"


So I ensure the whole family eats dinner together EVERYDAY.

[ChiefKiasu]

BlueBells:

\"The child who eats together stays together.\"


So I ensure the whole family eats dinner together EVERYDAY.

I think that is a great idea but takes great discipline. My wife and I normally takes 1 meal a day at home and reach home between 7-10pm. Difficult to achieve such an activity

So does eating and watching TV together count :).

[BlueBells]

Haha ... unfortunately, it dosn't count for me, or my hubby. The family has no habits of turning on the TV at night. Wierd, I know, but I think our family is one of those that can live without it.


We used dinner time as a family quality time. We share happenings in the office, and the kids share what happens in school.

[en107rn.01056yahoo.01056com.01056sg]

Hi


To instill good values should comes from parents. We must walk the talk and set good egs. Eating together & exchanging talks of the morning events, brings family togetherness. It was practice when I was young & now I instill the belief with my family.

Caring for the old, simply by keeping the bonds alive between 3 generations. It can be like a weekly visit, holidays together or just simply a simple phone call to cheer up the grandparents.

Some school arrange for aged home visits. Whenever financial & time permit, yearly, I will drop by the orphanage with my kids to send goodies to the them. It is an eye opener for my kids as I explain the situations the kids are in.

Vacation can be an eye opener too. We visited Cebu Philipines & the living condition is a far cry from what Singapore is today. Explaining a country culture, history & living condition has opened up my kids thoughts of how lucky they are and to count their blessing everyday.

BlueBells wrote [quote]The family has no habits of turning on the TV at night. Wierd, I know, but I think our family is one of those that can live without it. [/quote]You are not the only family that does not on the tv at night. Count me in too. After dinner, there are homeworks, revisions & books to read.

[BlueBells]

En,


You are so right. When I was young, we do not have the habit of eating dinner together everyday. It started when I was setting up my own home.

Bringing the kids to the ophanage has been on my mind for quite some time now. Can you share a couple that you are visiting?

[BlueBells]

On money matters, my 8 year old receives a daily allowance that has a minimum must-save amount of 30-cents incorporated into it to help cultivate her savings habit.

[ZacK]

BlueBells:

On money matters, my 8 year old receives a daily allowance that has a minimum must-save amount of 30-cents incorporated into it to help cultivate her savings habit.

Do you set aside the amount for you ie you less out 30cts first before giving her the balance or do you hand her 100% of her allowance and the onus is on her to set aside the prescribed amt?

Thanks.

[BlueBells]

Hi Zack,


I hand her the full amount, inclusive of the must save 30-cents, and she needs to practice restrain to stop herself from using it. I think it gives her more satisfaction to drop the money into her piggy bank by herself. Next term, we will start giving her 2 or 3 days’ allowance at a go, and she must learn how to manage that amount of money. If she spent it all, too bad, there will be no top-ups.

[ZacK]

BlueBells:

Hi Zack,


I hand her the full amount, inclusive of the must save 30-cents, and she needs to practice restrain to stop herself from using it. I think it gives her more satisfaction to drop the money into her piggy bank by herself. Next term, we will start giving her 2 or 3 days' allowance at a go, and she must learn how to manage that amount of money. If she spent it all, too bad, there will be no top-ups.

Yeap... One thing to let our kids grow up is empowerment ... I may adopt your methodology when my son is old enough to start receiving allowances