This very subject has come to light in my family. Thank God, none of my family is wanting for the necessities of life and that is wonderful, but, it also makes it difficult for Grandparents, and other relatives when it comes to special Gift Giving times of the year. (Birthdays, Christmas, Graduations, Special Honors and such)
Let me give you a suggestion that hopefully will help you out of this quandary.
If Children are taught to look at money differently, they may just find that they will wait before running to the corner store to fill up on candy or "junk".
What do I mean?
Coin collecting has been a hobby and pastime enjoyed by many people all over the world. It changes the meaning of money for our children too. Let's get our kids looking at their money before they spend it.
Instead of giving them paper money, give them coins. Collectible coins that will start them on a journey of discovery.
There are many countries including the USA that produce "special" coins for historical, scientific or cultural breakthroughs or events. These coins are minted in all denominations, from, Pennies, Nickels, Dimes and Quarters, to Half dollars and Dollars.
Can you see how you can get your children interested in something as small as a penny or as big as a Dollar?
Having a book or two on coins and their making, and then starting your children with a set of coins can begin a fascination that will take them through their whole lives. You just have to look at how much an Indian Head Nickel will cost you today, to know that it's also a great investment.
As the years go by, and the children get older, the denominations of the coins can also get bigger or not! It is entirely up to you and your circumstances. One thing is certain, if this sparks an interest for your child, they will be hooked on looking at money from a whole new angle and you will have started them on a hobby that will last through their whole lives. They will look at their "coin collection" and be able to say Grandma and Grandpa gave me this coin, or Auntie gave me this one. Each coin will have a wonderful memory attached to it.
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