My son is 16 and money burns a hole in his pocket. He has 2 major trips coming up and has not saved any money for them. How do you pound it into his head to save?
2007-03-18 09:47:16 · 23 answers · asked by hascht2 3 in Family & Relationships ➔ Family
Just to clear things up. He does have a job. And was never given allowance. His allowance was the roof over his head and the food in his belly. I pay him to get his brother off to school. So i never gave him things he did not deserve. Thank you
2007-03-18 12:46:11 · update #1
16? You should have already taught him this lesson. I taught my two sons when they were still children. They were required to do chores and earn an allowance. The allowance was pretty generous but that was all they got. We bought them the necessities and presents for birthdays and Christmas. But they had to save their allowance to buy things and go places. If it was a family thing I would treat but only to a point. If we went to an amusement park I paid admission and meals but if they wanted souveniers or treats they had to use their own money.
They are grown men now. They are married. One has two children the other has one on the way. One owns a home the other is purchasing one now.
2007-03-18 10:02:53 · answer #1 · answered by Jacob W 7 · 1⤊ 0⤋
Well if he has 2 major trips coming up sit him down and tell him he needs to start saving to help pay for those trips. And let him know that if he doesnt then he will have to miss one or even both. Sure he wont like that idea but I would be firm about it. I am sure you have given him the talk about the importance of earning and saving money but apparently talking isnt doing the trick. God bless and good luck...
2007-03-18 16:52:08 · answer #2 · answered by sapphireblaze 3 · 1⤊ 0⤋
If he's 16, he's old enough to get a job and start earning his own money to pay for things that he wants to buy. You hadn't mentioned if he is already doing that.
Don't pound it into his head to save, he won't learn anything that way if he hasn't already. He needs to make his own budget, and he'll have to be able to do that without you. When he asks you for some money to go on these trips that he should have saved up to pay for himself, you can simply refuse to help him out.
Have him save money by encouraging him to earn it himself. Then he might see that a new stereo really isn't worth two full weekends of mowing lawns, and that he'd rather put that money toward his trips.
You need to hold fast on any refusal to bail him out, it should only take one episode to let him know that you're serious. If he doesn't like it and complains, then tough ****, he needs to learn to take responsibility for his actions. He doesn't deserve to receive spending money for his own entertainment until he demonstrates that he can use it maturely.
2007-03-18 17:08:07 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Make him buy his own stuff. I got my first babysitting job when i was 13 so i could buy myself a computer. And now I'm 15 and saving up $1499 for a Macbook. Make him put his money in the bank. I have my money in the bank right now because when i see something in the store and i have money in my pocket i will buy it, but if i keep it in the bank I'm not tempted to spend it all.
2007-03-18 16:54:20 · answer #4 · answered by Twilight Lover 3 · 1⤊ 0⤋
He's 16 and it may be too late to teach him how to properly manage his money. Money management is a learned behaviour. You should have started when he was 5 or 6 years old. Just think about it! How often did you give him money (gifts) just because he asked for it. You just cant "pound it into his head." Someone once said, "You reap what you sow."
2007-03-18 17:23:37 · answer #5 · answered by Anonymous · 0⤊ 0⤋
No point pounding..its nagging and noises to him.
Leave him to find own money. Discipline is hallmark to know of any values. If in youth make sure he do not got into wrong ways of finding money so suggest work opportunities for him or pay him the money to do the work you pay others if he can do the work . Cannot be compassionate when come to discipline till he knows value of money.
2007-03-18 16:53:45 · answer #6 · answered by Wisdom-of-life 1 · 0⤊ 0⤋
create a household simulation specifically for him until the trips come: Charge him for everything he does and secretly save his money for him, only at the end do you reveal he's saved a dollar amount on top of what he's saved if any
that will defnitely show him the value of a dollar esp. when your being charged for something and have to choose a priority over a need
2007-03-18 16:51:54 · answer #7 · answered by Diva 3 · 0⤊ 0⤋
When my son was younger, I would sit him down with a stack of signed checks, all the bills, blank envelopes and stamps. He had to fill in the checks to match the bill, put the payment and payment stub in the envelope and fill out the envelope if necessary, stamp and put into the mail box.
He is 16, too, and still spends, but tends to be a bit more cautious -- i.e., he won't blow all of his birthday money at once.
2007-03-18 16:57:53 · answer #8 · answered by marianne 3 · 1⤊ 0⤋
Give him an allowance and make him buy his own thingsfor a while (groceries) I have done this with my daughter, who is only 7, for a while and she is really starting to understand that everything costs money, she is to the point now that she will ask me how much something costs and how much money she will have left if she buys it.
2007-03-18 16:52:13 · answer #9 · answered by Misty M 4 · 1⤊ 0⤋
by not giving him any money for the trips if there his trips and he's going then let him pay all the way there and back. And he gets stuck there by not having any money then scare him a bit by leaving him there for a day then go get him(or u could leave him he would work up some money somehow)
2007-03-18 16:54:19 · answer #10 · answered by dragon_fanatic 2 · 0⤊ 1⤋