There are things in the world which can give us true happiness and satisfaction which money cannot render. For a single parent, money does matter because meeting the basic living expenses is not the only priority but also to give kids, the things which make them feel part of their peer groups.
The situation has become worse, especially when your child wants something which you think they deserve such as a new winter coat or money for a school trip in which entire class is participating and if you are unable to meet their expectations, you feel as an inadequate parent.
All of these circumstances may lead you to depression but on the other hand there are things which your child needs even more in order to be happy forever. Money alone cannot buy happiness, which they need during the process of their upbringing.
It makes no sense to teach money management skills to your child especially when you are surviving a financial crisis but in fact it is a perfect time to impart the value and importance of money.
- Love: Give a lot of love to your child which will make them feel special in this world.
- Time: Inculcate in them the value of time because it is precious.
- Structure: By monitoring their activities you send the message that their safety and well-being is important.
- Manners: Instill in them good manners by which they will become beautiful.
- Responsibility: Make them responsible by assigning jobs of responsibility.
- Perseverance: Inculcate the habit of patience in their life because nothing is immediate.
- Consistency: Learning and growth is a consistent process in life.
- Encouragement: Always give them positive encouragement to achieve goal of their life.
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