February 16, 2008

Teaching Your Children Financial Wisdom

Children are such precious little beings.  They add that special something to our lives.

But when they start to complain about wanting everything under the sun, we can’t imagine what that “something” is.  Here are some tips for parents who are dealing with, or want to avoid, this classic syndrome that can affect children.

Don’t think of it as cute behavior.  Parents easily fall into this trap.  When a child is young and they throw a temper tantrum over a toy in the store, we see it as a phase and call it cute.  Most parents indulge the child so they won’t die of embarrassment.  This is a no-no!

Children learn quickly.  A child that discovers they can get what they want by acting out will do it again and again. "The monster" is born.  Setting them on this course leads them into a lifestyle of borrowing in which they will continually be trying to get out of debt.

Give them an allowance.  Children naturally think that our money is also their money, and to a certain extent they are right.   We provide for their well-being by purchasing food and clothing.  We pay the mortgage so that they have a roof over their heads.  But this doesn’t entitle them to act like we are a genie in a bottle.

An allowance gives kids something they never had before: their own money.  A child that understands money will be fascinated.  As the money grows from week to week, share with them how saving money allows them to afford toys that they buy themselves.

Watch your spending habits.  Children mimic what they see.  If their parents buy everything that they want, the child will likely want to do the same.  Include your children in the family budget.  Convene a family meeting once a month to discuss the financial picture.

Explaining how saving works in their favor gives kids a head start in the money game.  Explaining to kids that parents also have to save for things they want and for family vacations, gives them a better understanding of family finances.  Money really doesn’t grow on trees.

Teach a life lesson.  Kids will want things.  They learn how to share and not be greedy from you.  Teach them the lesson of “less expensive” early on in their lives.  When their allowance is small, take your kids to the dollar store for their money-spending excursions.

Television commercials prompt kids to ask about the latest doll or a monster truck.  Don’t blow them off by saying,"We will see about it later."  Kids will take that as an affirmative answer.

Instead, offer the idea of putting that toy on their Christmas or birthday gift wish list.  Even better, encourage them to save and buy it with their own money.

Kids are a blank slate.  They believe that they are entitled to whatever they see and want.  You can change this behavior through the tips above.

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February 3, 2008

Birthday Party Plans for Your Child's Party

Organizing a child’s birthday party can be a challenging task. It requires a lot of work and a lot of consideration. However, by choosing one of many birthday party ideas ahead of time it will be much simpler and create less stress for you.

Some people do not realize the importance of planning their child’s party in advance. They tend to underestimate the employment of birthday party plans.

Therefore, in order to help those parents who want to have a perfect party for their children, here is a list of some birthday party ideas that they can follow:

1. Plan the party ahead of time

One of the best birthday party plans is to plan the party well in advance. This provides you enough time to have the necessary modifications and alterations before the actual date of the party.

In addition, planning can make your child’s party one of their all-time favorite memories. With planning, you will be able to create a well-organized party with all the details considered.

2. Ask your child’s opinion

If your son or daughter is the birthday child, or if your child is the host of the party, then it is best to include them in planning.

Be sure to get their input on favorite birthday party themes, party favors, party decorations, and so on. Asking their opinion before ordering the birthday party supplies will ensure that your child and their friends will enjoy the party more than if you choose the theme.

3.  Plan the guest list

It is important to plan the guest list as well. There are many things to consider before you decide on how many guests to invite and whom you will invite.

The number of children you invite will depend on several things, such as the size of the location and how many you will feel comfortable with. You don’t want to invite 30 young children if 10 is all you can handle.

It is also best to invite children who are within the range of your child’s age. This will make the party more enjoyable for all of the guests.

4. Always have a theme

Using one of the popular birthday party themes always creates an impression that the event is well planned out and well organized. It makes everything well harmonized, from the decorations to the party favors and party games.

5. Create themed invitations

This gives an impression to the invited guests that the birthday party will definitely be fun.

Indeed, using children’s favorite birthday party themes will certainly create perfection. The party does not have to be outlandish in order to be successful. The secret is all in planning the party in advance.

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January 7, 2008

How to Tell Your Children You are Expecting a Baby

You just found out you are pregnant and you are thrilled! But what about your other children? Are they going to accept another baby coming into the house? How can you tell your children that they are going to have a new baby sister or brother?

How to Tell Your Children about the New Baby

You need to carefully plan when and how you are going to tell them. You also need to plan how you can make this time as easy on them as possible, including your pregnancy and your delivery.

The fact is that bringing a new baby into the home, even though exciting, is also disruptive for everyone, parents and siblings.  Even teenagers find that a new baby can disrupt their nighttime sleep. They might also not like that mom is no longer available to take them to all of their extra events.

When to Tell Your Children about the New Baby

It depends on the age and development of your child as to when to tell them about the new baby.  Children between the age of 2 and 3 might have a hard time sharing you and sharing their possessions. Usually a good time to tell a child at this age is when you begin furnishing the nursery and buying baby clothes.

Any changes that you may be making to the youngster schedule such as potty training, sleeping schedules, crib to bed or starting nursery school should be done well before the baby is born.  If that’s not possible, wait until after the baby is born and the schedule at home is settled.

Keep in mind that toddlers depend greatly on their daily routine. Any time that routine is upset, such as the arrival of a new baby, you can expect that they won’t be able to handle the changes well.

For that reason, keep the schedule as unchanged as possible by introducing new things such as nursery school or potty training well before the baby comes or well after the baby comes.

If you have children who are 4 or 5 you can tell them about the new baby at the same time you are telling friends and relatives. It is better they hear it from you than from one of those friends or relatives.

When You go to the Hospital

If you think it is a good idea, plan ahead to have a gift for each child. Give the gifts when they come to visit you at the hospital.

If your children are not allowed to visit at the hospital, you might have a gift ready to give them when you return home. Take some video of you and the baby to show them while you are away from home.

While you are at the hospital be sure to telephone them often. Depending on the age of your children, this might be the first time they can remember not having you home with them at night. It could be traumatic. So reassure them by talking with them on the phone.

After you come back home, make sure you do not neglect your other children. Spend as much time with them as you can, and try to make the new baby’s arrival a happy experience for the whole family.

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