Raise Kids That Aren't Spoiled with Money Lessons on Spending Limits

Weteach kids about moneybecause we want them to grow up to be financially responsible, smart adults.

Forbes points out there’s another big benefit: Keeping kids from getting spoiled.

So, he puts the $25 boots under needs, but the $100+ boots under wants.

Then, for each one, draw a vertical line along that continuum.

The “hours-of-fun-per-dollar test” is also an interesting teaching tool.

How To Not Raise Spoiled Children: 7 Crucial Money Lessons| Forbes

Photo byFrank Boston (bostonsphotos).