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"You canīt have everything you want when you want it." This is a lesson parents usually start very early. It may first erupt in the classic food struggles with toddlers. "No, you canīt have candy before dinner."
Or at bedtime -- "Weīve already read five books; itīs time for you to go to sleep." Wherever and whenever it comes up, run with it.
This is a lesson you will teach your children many times at different ages and stages. And, it is the basis for the first commandment of wise spending:
Because you canīt have everything you want when you want it, you must make choices and give some things up.
As the famed economist and best-selling textbook author Paul Samuelson once wrote, "Even children learn in growing up that both is not an admissible answer to a choice of which one?" To help your child understand this, click below and try Wise Pockets Parenting Activity: Give It Up. |
