Budgeting for little children is simply the realization that, well, we can’t have everything. Even if we really, really want it, we sometimes still have to make a choice between two good things.
Many times, when we focus on “budgeting,” we think “money.” But budgeting is also about contentment and patience. It is important for adults to demonstrate a sense of contentment with what we do have, as well as practice patience while waiting for the exciting things that will come in the future.
Nurturing the social-emotional foundation of young children will guide them into making wise choices in the future.
Watch this video for a quick game you can play to help your child make choices.