Teaching Children Financial Responsibility : หน้า 70/207

trees, and every single dollar is hard-earned by their parents. Children will then know the value of money and will use it wisely. 2. Teach children not to spend lavishly. Please don't buy anything luxurious or unnecessary for your children. But if you must buy a particular item for them, please purchase the less expensive alternative that is comparable to the more expensive one. Find a way to explain to your children that good things do not necessarily cost more. Teach children to know its value and to use their belongings in a proper manner and to their full extent. You can also teach them how to repair damaged items by themselves so that they can be reused. 3. Teach children to make use of their spare time. Teach children to do things themselves, which will further develop their wisdom. Especially toys, If you let children create their own toys to play with or to assemble their toy parts together, then children will learn to help themselves and they will be proud of their successes, as they will have a higher mental acuity. Furthermore parents should train their children to reduce their allowance expenditures, hence children could learn to save their own money and how to make money themselves.. 4. Teach children how to save money. Parents should get children a piggy bank so they can save their leftover allowance. Bring children to the bank to deposit their collected money into their account. Encourage children to deposit money given to them on special occasions like birthdays, New Year's, etc. Parents should teach children to save this money as part of their education fund. Don't let children think that they can get money so easily or they will not appreciate the value of money. 5. Choose friends for your children that have frugal habits. Parents must find a way to prevent their children from associating with friends who spend money wastefully on luxury items and who do not know the value of money. As for the friend who knows how to save money and helps parents with house chores, you must acquaint your children with them. They will have good influence on one another on several aspects. The most important thing for parents is to keep their children away from bad people and Apāyamukha (Roads to Ruin), which are the most serious enemies of saving. 6. Teach children to observe the 8 Precepts on Buddhist Holy Days or on their days off. When children are mature enough, parents should take them to the temple. Instruct children on how to observe the 8 Precepts. The simple lifestyle of taking the precepts will teach them that many things that seem to be necessary are in fact not, i.e. going to see a movie or a show, getting made up with lipstick and makeup, dressing fashionably, etc. After observing the 8 Precepts for a while, they themselves will realize that all of those things are unnecessary. In order to make keeping precepts in children The Warm Hearted Family 138 Teaching Children Frugality to The Family's Future The Warm Hearted Family 139 Teaching Children Frugality to The Family's