All About Teaching Values
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jedamum:
Just curious, at what age does your son start having a hp of his own?Again at money matters....
1. when i was not able to talk to him long over the handphone, he complainted that waste [color=orange]his hp[/color] 'money' (aka talktime). -
jedamum:
...I think my overemphasis on being thrifty has somehow turn my boy into a miser or sorts....
jedamum, if my son is half as thrifty as yours, I would be twice as happy as I am now. -
chamonix:
:lol: i know someone will ask this.
Just curious, at what age does your son start having a hp of his own?
'His' handphone is just an 'illusion'. Actually as me, my husband and my ILs all own a hp each, the landline (home phone) is underutilised and we calculated that it is cheaper to use prepaid card than pay for the landline. Then as he is the only one in the house (my 21 mth old not included) without a hp, we said that its his. He is allowed to sms us anytime he wants. However the hp is not to be brought out of the house, unless he sleepsover at his cousin's house.
He used to give his classmates the number and one did called up to chat, but we had told him to avoid giving out to anymore friends incase his friends did not know the appropriate time to call (ie call during mealtimes).
He switches off 'his' hp when everyone is in the house, and he loves to sms his grandparents when they were out.
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ChiefKiasu:
:lol: half is good.
jedamum, if my son is half as thrifty as yours, I would be twice as happy as I am now.
my husband just berated me about raising my boy to be so overthrifty like me. :oops:
newly bought things that are spoilt easily, my boy will go... 'waste money'.
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I told my kids that their savings can be used to buy birthday presents for the family. My daughter bought me a nice bottle filled with paper love & my son ask his father to accompany him to buy me a bouquet of flowers. Nice touch right? Yes, until the following day he makes the remark that he needs to save back all the money because he spent so much on me. Ouch!
He is not stingy with food, nor toys, books or games. But come the topic of money, he counts every single cent. -
I encourage my kids to save, but don’t allow them to take the money out of their piggy banks. I am really afraid that if I allow them to do so, they will develop the habit of taking money out of their piggy banks as and when they need it, then it might become another issue. Anyone has advice to share on this?
On my birthday / mother’s day, I told them I only want big hugs and kisses, but I received alot of hand-made cards too. -
BlueBells:
I encourage my kids to save, but don't allow them to take the money out of their piggy banks.
Will you allow you kids to spend a portion of their savings?
If not, they may find it hard to see the benefit of saving. -
Today’s front page news is about ex-Citiraya boss who fled with US$51m. This fraud is one of Singapore’s biggest ever corporate scandals.
This reminded me of former NKF CEO TT Durai who was charged with corruption, as well as the venerable Ming Yi.
I think that integrity, honesty and moral responsibility are the most important moral values that we must teach our kids.
I think it is OK to love money and spend it. But the money we earn must come from our own hard work, not from cheating other people. -
jedamum:
We have been preaching about savings for rainy days and possible investments. And of course, if we take them on an overseas holiday, we will ensure that their savings book show a deduction of certain amount. They feel the pinch, but are alright with it and are aware that their daily savings is meant to contribute towards their overseas holidays.BlueBells:
I encourage my kids to save, but don't allow them to take the money out of their piggy banks.
Will you allow you kids to spend a portion of their savings?
If not, they may find it hard to see the benefit of saving. -
My kids are motivated to save & I told them that they are allowed to take money from their piggy bank once in a while with my permission. The piggy banks are currently in my lock drawer. However, when I allow it, I notice that my daughter tend to be spending more. For eg, she will buy herself an ice-cream & she makes sure I get one too. then she will buy herself a drink & make sure she buys one for her brother too. I like her caring nature but I quickly draw a line that she is only allowed so much to spend occassionally. She can always share her ice-cream & drinks instead of buying for everyone since she is still schooling.
Just like BlueBells, I get my kids to take some of their money in the piggy bank if we go overseas. No much, just $10-$20. This will allow them to buy souvenirs or bric brac that they like & have a sense of pride that they are the ones to buy it with their own saving.
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