4 educational attitudes that our parents used to condemn us to poverty

4 educational attitudes that our parents used to condemn us to poverty

Published 27.02.2024 | By Йосиф

4 educational attitudes that our parents used to condemn us to poverty

The influence of parents on the financial future of their children is difficult to overestimate. We have collected several imposed attitudes from childhood that are ruining your life right now.

In our lives, from an early age we absorb information and internalize the values of our parents. It `s naturally. However, some of the beliefs they convey can have a negative impact on a person’s financial future. Let’s look at four main attitudes that condemn you to poverty.

1. The eternal “no money”

If a child constantly hears from his parents that they don’t have money, and this is the reason why he doesn’t get what he wants, then there will be trouble. As a result, a person will be convinced on a subconscious level that without huge capital he will not receive anything. It’s not even worth trying. Just for information: this is, of course, not true. If there really is no money now, it is better to explain this to the child in other terms. For example, say: “I only have money for food” or “We are not ready to buy this now. Let’s plan a trip to the store for next month.” It is important to explain to your child why you are buying products and not a new toy.

2. “It’s too early for you to think about money”

Telling a child that it is too early for him to think about money is an extremely questionable decision. You can and should be taught from early childhood how to manage finances and plan your expenses. Parents have the power to develop healthy habits in their child, explain how to be careful with money and distribute it.

This approach will help develop a responsible attitude towards financial decisions and teach you to make informed decisions. It’s worth starting with the simplest concepts like savings and planning. So, you can clearly show your child that money does not appear out of thin air, but is earned, and that every purchase has its own value.

It is also important to remember that children often observe their parents and imitate their behavior. If they themselves demonstrate good financial habits such as budgeting, saving and investing, then the child will follow their example. Therefore, instead of telling the child that it is too early for him to think about money, parents can be good mentors in financial matters.

3. “If you haven’t lived richly, there’s nothing to start with”

Often this phrase is used as a joke, but even in this case, you need to understand that children often find it difficult to understand the levels of irony of adults. As a result, a negative impact on the future of your child is guaranteed. Avoid using this phrase even as a joke. On the contrary, it is important to remind the child more often that if he works hard on himself, he will definitely achieve all his goals and his whole life will turn out the way he wants.

4. “There is nothing of yours here, if you earn money, it will be”

Parents often use such phrases without realizing the damage they cause. Children who “have nothing” tend to go to work as early as possible, without any skills or abilities. Question: when now to get all this necessary knowledge to become a highly paid specialist? This is where the rub comes in!

Raising children financially plays an important role in their future. It is important to be extremely careful not to say unnecessary things to the successors of the family. Moreover, you need to remember that the child actively observes his parents and imitates their behavior. That’s why adults need to be their best selves by teaching children healthy financial habits and financial literacy. This will help children develop a responsible attitude towards money and achieve success in the future.

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