Money matter na serious matter o. There are many adults today who have poor spending habits. This thing did not just jump on them when they became adults. It had been with them right for their childhood. They have the spirit of earn it all, spend it all. What is saving? More will always come so why save at all. This ideology has followed them for a long time and it is wrecking their finances.

Many people if not all love to have a sense of financial security. That state of mind that they have money to fall back on if anything happens. The financial security cannot be possible if you have no savings. Learning to save is not so much of a big deal, but it requires financial discipline.

The financial security cannot be possible if you have no savings. Learning to save is not so much of a big deal, but it requires financial discipline. Click To Tweet

This discipline can be instilled in a child from his tender age when their mind and will are still flexible. When you begin to teach your child the essence of saving and the benefits of doing so, it is unlikely they change when they grow older. Your child may not be predisposed to saving. They want to buy biscuits, sweets, candies and all the other stuff they see their friends eating. Besides, there is mummy and daddy to always give them more money. How then can you instill the discipline of saving to them?

1) Lead by example. Like Heather Lindsey will say, “those little streets are watching.” Your children will find it easier to obey your instructions when they see you doing what you command. Let your children see you saving and that will be one easy thing to do for them. Mummy/daddy is saving, I want to save too.

2) Have a conversation with them on the importance of saving. Educate your children on the value of saving and why they must save. When they have that seed sown in them, it would be difficult to uproot it when they grow older.

3) Go practical. It’s not enough to let them watch you save, or you educating them on why they should save. Help them actually save. Get a fancy piggy bank (the type they will be attracted to) for them and encourage them to put money in it. When visitors come over and per adventure they give them money, rather than collect the money from them let them put a certain percentage in their piggy bank.

4) Make them work. Work here is not necessarily the one adults do. Let them do something probably around the house or neighbourhood and pay them for it. This helps them understand better the value of money and the need to work for it.

5) Give them a reward. At the end of the time you’ve stipulated for them to save (let’s say six months), help them open up their piggy bank so they can see how much they have saved. The feeling they get is ethereal. When you’ve done this, give them a reward for meeting their target. It will spur them to want to save more.

Jesus at the center makes the home godly and happy.

Much love,

Kemi.