5 Ways To Help Your Child Understand The Value Of A Dollar

Encourage Negotiation

Negotiation is a lost art for so many, yet nearly everything in life is negotiable. You can negotiate everything from your hourly wage to your vacation time to your ability to create a flexible schedule. You can negotiate the cost of a car, insurance, and everything in between these days. Thus, why not teach your kids to negotiate. For example, if they think they deserve a raise after months of hard work on their chores, hear them out and let them negotiate. Don’t shut them down immediately. Ask them why they feel this way, to provide examples, and then offer something lower than what they were asking for. The more you allow them to negotiate with you, the better they will become at negotiating in life. It’s a lost art and a basic skill, and it’s something you should take into consideration. Encourage negotiation and watch your kids thrive.

Coupons are yet another great way to teach the value of a dollar. Keep reading to learn more.