Struggling with how to teach your child the difference between wants and needs? Nurture some basic money sense and filter out the differences by teaching your child to ask these 7 questions before you buy.
Chances are, your kid wants a lot of stuff. And that list grows each time he watches commercials or heads to the store with you. After all, there are a lot of cool toys out there and advertisers can be quite skilled at showcasing the “wow factor” of products.
That’s why we put together this printable, “Ask Why Before You Buy.” It helps moms like you teach their kids the valuable lesson of distinguishing between wants and needs. This printable questionnaire gives parents a framework for a meaningful conversation with children about the importance of making thoughtful money choices.
Suitable for older preschoolers and up, this printable encourages children to pause and think before they reach for that tempting treat or the latest LEGO set. Financial expert and author Rachel Cruz confirms that “it’s never too early to start teaching your kids about money.”
You’ll love the way this “Ask Why Before You Buy” printable sparks discussions with your child. Using easy-to-understand questions like “Is this the most important thing that I want right now?” will guide your child to think critically about her choices. It’s not about saying “no” to everything. Instead, it’s about guiding your child toward informed decisions and helping her understand the difference between necessities and nice-to-haves. Your child will learn that before she buys anything with her hard-earned allowance, it’s best to think through these questions.
Teaching financial literacy, responsibility, and smart decision-making has never been this easy. Plus, as your child learns to think before you buy, you’re setting her up for a lifetime of making thoughtful financial choices.
By the way, you might also like this Simple Chore Chart or Family Chore Chart.
