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That'll teach them

Should now be a good time to teach our Children the value of money, the good it can do and the bad?

Should it be down to parents or the state and if you already do it what do you teach your Children?
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Comments

  • fatpig_2
    fatpig_2 Posts: 631 Forumite
    I tell mine to work hard at school. Otherwise they might end up as an estate agent.
  • fatpig wrote: »
    I tell mine to work hard at school. Otherwise they might end up as an estate agent.
    I tell mine that they should work hard so they dont end up as a slice of bacon on the butchers table!:rolleyes:
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    fatpig wrote: »
    I tell mine to work hard at school. Otherwise they might end up as an estate agent.

    EA's get the pick of the houses. :cool:
  • I tell mine to have a baby at 14 and they'll get a free house when they reach 16. Have further babies at 2 year intervals and they will be earning approx £30,000 tax free per year without leaving home, by the age of 24.
    I am a Mortgage Consultant and don't like to be told what I can and can't put in a signature so long as it's legal and truthful.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    I tell mine to have a baby at 14 and they'll get a free house when they reach 16. Have further babies at 2 year intervals and they will be earning approx £30,000 tax free per year without leaving home, by the age of 24.
    I like that, it's funny. Will probably now be followed by fifteen pages of hysterical over reaction to under age chav scroungers.
  • Told mine that the Bank of Mum and Dad went down with Lehmans
    [strike]Debt @ LBM 04/07 £14,804[/strike]01/08 [strike]£10,472[/strike]now debt free:j

    Target: Stay debt free
  • JayZed
    JayZed Posts: 731 Forumite
    I keep a careful record of all the money I spend on mine. I will present her with the bill on her 21st birthday.
  • I tell mine to have a baby at 14 and they'll get a free house when they reach 16. Have further babies at 2 year intervals and they will be earning approx £30,000 tax free per year without leaving home, by the age of 24.
    The problem is that this is probably the wisest information that a devoted Dad should now hand to his daughters.
    What has happened to our great country to allow this to becaome the best career path for the kids.
  • Hi OP, parents are (and always have been) responsible for teaching their kids about money, that is the job of a parent: to bring up a sane and sensible member of society, which includes financial responsibility. The fact we are in a recession doesn't come into it! The state should totally back off in my opinion: it's not the govt's job to parent children. Just the other day the DoH sent me a questionnaire trying to find out what I fed my daughter on a daily basis and if she watched tv etc: the govt should mind it's own business (perhaps if they weren't so concerned about our bad habits, they could have kept a closer eye on the bankers!)
  • Rminds me of a news story a while back on South Today.

    It was about the price of beer etc in the current climate and there was a table of four, 2 'Ladies' 2 children and a 'Gentleman sat in a known cheap Pub eating and sipping a few drinks. The lady was drinking Wicked, the toddler had a juice of some sort and when the 'Gentleman' had his 2 mins of fame his comments where ' I lost my job last week, you know what i mean, thats why i'm on the £1 bottles of San Miguel innit, know what i mean' and the 'Lady' said 'yeah we gotta watch what we spend now and where we spend it, know what i mean.

    The other lady didn't say much, had her mouth full...doubt thats nothing new.

    Thats one way of teaching your children how to spend money in a sensible and grown up way, even more so when you have lost your job.
    end the tv tax
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