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Teaching DC the value of money - help needed! (sorry, long post)

7 replies

ParanoidAndroid · 20/10/2006 10:01

I've got two children - DS who will be 10 next month, and DD who is 7.5.
Let me give you an example of what is perplexing me at the moment.
Both children have been desperate for Dr Who trading cards, and we have been searching high and low in local shops without success. Finally I find some for sale on the internet, and DS decides he wants to buy 2 packets with his saved up pocket money. I (secretly) decide to give him an additional 2 packets because he has done so well at one of his clubs this half term. DD wants to buy one packet and I get her also 2 packets because she has got her marble award at school.
So 7 packets turn up on Wednesday morning, and I give them to the children who decide to take them to school (it's a big thing at school at the moment, everyone is swapping or trading). I completely forgot that there is a limit of 15 cards which you can take to school, beyond that the teachers confiscate them to be returned to parents later. So end of day 1, DD comes back with her 27 cards having traded some. DS comes back with 14 out of 36. Having had some 'doubles' he gave those away, then when other children heard he was giving away 'freebies' he was swamped (this is how he tells it) by children asking for freebies, and saying things like 'if you don't give me a card, I'll tell the teacher you've got more cards than you should', or 'I won't be your friend unless....' You get the picture.
Day 2 (yesterday) I told the children not to take their cards in unless they were absolutely sure they were not going to give any freebies. By the end of yesterday, DD comes back with her 15 (having left the others at home in the morning), and DS comes back with 4, yes FOUR cards left. Same old story except this time also he apparently dropped some cards on the floor which were picked up and taken by another child. Of course he can't give me any names, and won't go and talk to the teachers either.
I was furious - he and I spent ?10 each, and he has four cards left. I feel angry with him, but also angry at other children if that really is what is going on.
The thing is this is not an isolated incident. The bike that we bought him in the summer - he took ages with DH finding the right one, he goes mountain biking with DH, and couldn't care less what happens to his bike. He loves riding it but simply doesn't think about looking after it. He is given a lego star wars kit for his birthday - he spends ages building it, and then puts it on his floor where he knocks into it, stands on it, breaks bits off etc etc. He plays tennis but couldn't care less where he leaves his tennis racquet - whether it's in its cover or not, outside or in.
He is a lovely boy, quite bright, but just doesn't seem to get the message about looking after your possessions. He is given ?2.50 pocket money per week, which he has to 'earn' by doing things like making his bed every day, emptying his bin, putting dirty clothes in the basket etc etc. We're not wealthy, DH works but I don't, we don't spend with abandon, we talk to the children about money - how you get it, how you look after it, how to work out what to spend it on etc etc. DD seems to have worked it out a bit more than DS.
Does anyone have any similar experiences? Any suggestions? At the moment with his birthday in 3 weeks, then Christmas, I feel like not getting him anything as it will be lost, trashed, etc etc. I won't go that far of course but I'm at my wits end!!

OP posts:
Are your children’s vaccines up to date?
ParanoidAndroid · 20/10/2006 10:02

ooh, not sure what happened to my paragraphs! Sorry....

OP posts:
ParanoidAndroid · 20/10/2006 10:31

.

OP posts:
charliecat · 20/10/2006 10:37

Hmm, my dd and is the same. So no help there. Gorgeous bike brought for her and she flings it about and couldnt give a monkeys how battered it gets.
Shes took cards to school and returned with next to none and tells the same story...
Lesson learnt FOR ME. No your not taking that to school...other than that????

LRWG · 20/10/2006 12:36

Absolutely no advise - sorry - but will BUMP for you.

HallgerdaLongcloak · 20/10/2006 13:04

I'm afraid I read the thread title and thought "Doesn't DominiConnor have far too much idea of the value of money as it is".

DS2 and DS3's primary school is banning trading cards as from next term - good thing too!

On your main problem - I think you just have to keep nagging, really. It just takes some children longer to get it than others.

Pitchounette · 20/10/2006 13:09

Message withdrawn

figroll · 20/10/2006 14:17

We had this problem too, so we started to give them both pocket money and we don't buy anything at all for them (of course we feed them!), except at Christmas and birthdays. We don't buy clothes, sweets, toys, but will buy uniform and school shoes.

The difference has been amazing. They shop in the sales and stand in the shop and start discussing price, etc. I can't believe the change that has come over them. Also, if they damage or lose stuff, they have to replace it - my youngest lost her trainers at school, so I made her buy a new pair! I know it sounds wicked, but they are definitely more careful with things than they were. They are a bit older than yours though - 11 and 14, but we started this about 2 years ago. It has also stopped them pestering me when shopping, because I always say, well if you want it, you can buy it. They never do though, they will only ask for things if they think that I might get my purse out.

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