Sunday, 10 January 2016

Day 10 Money

10. Money:
Money can become a major area of tension in family life. Many people experience financial hardship and they can spend a lot of time worrying about their finances. This can greatly affect teenagers. They may have friends who come from wealthy families and so find it hard to accept that money is tight in their own home. They might crave the latest clothes and gadgets believing that this will guarantee the approval of their friends.
Some parents and carers are not motivated by material things and find it hard to accept that their teen is. Equally some teens reject materialism while their parents or carers strive to have the best of everything.
Parents and carers can argue about money and this can cause tension in the home.
Whatever your financial situation, it is often best to be honest with your teenager as they take in their surroundings and listen to what is going on around them.
It can be hard to strike a balance between being honest about your financial situation and worrying them unnecessarily.
Some families provide their teens with regular pocket money. Some attach conditions and expect their teen to earn pocket money while others provide it freely. Whatever your approach it is best to be calm, clear, fair and consistent.
The aim is to teach your teen to appreciate what they do have and not take it for granted. It can be beneficial to encourage them to use some of their money to buy small gifts for others so that they can experience the pleasure of giving as well as receiving.

Giving small gifts to friends, family and pets can teach your teen the joy of giving.

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