How to Raise a Frugal Child

Our economy is not stable, there may be a time that we have a good or a bad economy, but whatever our status we have we need to get ready and prepare our child into whatever crisis we may face in the future. 

So how can we raise a frugal child? By simply not giving in to whatever things they want. I know some of the parents who can’t endure their crying children. Be it a toy, money, foods that are not allowed on them and, etc. Parents can be fooled easily by their children; they feel the guilt when their child is complaining and asking for something, and they will just give it just to calm their child. But you are raising them wrong. 

It’s important that you are firmed and let your child realized that not everything they want they can get. They can cry all they want, but let them know that you will still stand with your final decision. 

Once they see how to convince you they will get an idea and use it as an opportunity, a habit to abuse you as a parent. So, next time they ask something that you weren't agree with, just say no; they will simply accept it because it happens before.

I am not bragging how I raise my son, but he cannot ask for expensive toys and every time he scouts a toy in the store he always checked for the price first because he wasn't allowed to buy beyond the budget. 

I am pretty sure that my son will grow as a frugal person. He always saves money from his allowance, and he sometimes uses this money to spend on toys, snacks and even school’s project. His spending habit is moderately and very wise. I can't remember that he ask extra money for toys or things that he want.

Remember this, raising a frugal child is just saying no and be very firm, do not get easily give in with your child. They might be just testing the water.

How about you, let me know how you raise your child to be frugal too.