Do you know that?/You know what? Do you know that?/You know what? It's not a good idea to let children borrow money! Every time you reach out to others, you are actually consuming your credibility, which may alienate your friends and even make you feel inferior. So, how to educate children about the correct concept of borrowing money?

Correct concept of borrowing money

Let children understand that borrowing money is not a matter of course. If you really need it, think about why you borrowed money first. If it is justified, parents will try their best to support it. But spending money indiscriminately must be standardized!

labour reward

Try to let children do housework to earn pocket money! In this way, they can not only appreciate the hardships of making money, but also cherish every penny more.

Patient communication

Sit down and talk to the children like friends. Tell him the consequences of borrowing money and the impact on his family and parents. Let him understand the seriousness of the matter with real examples.