5 Tricks To Keep Your Kid From Becoming A Spoiled Brat

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Teach your kid the value of a dollar now and save yourself a lot of heartache down the line.

Money Huddle Tip: At your next Money Huddle, work out a plan for how you'll deal with your children's requests for stuff. Decide together what should be in the "need" category. If you like, set aside a small amount of "want" money in your monthly budget for those times when you want to give your children a surprise treat or gift. Agree to set up a "spend" "save" and "give" system, for your child, by the end of the month.

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This article was originally published at . Reprinted with permission.
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Scott And Bethany Palmer The Money Couple

YourTango Expert Partner

The Money Couple, Scott & Bethany Palmer are authors, regulars on national TV, radio and speak internationally about “Love and Money”. With 40 years of combined financial planning experience they launched The Money Couple and have dedicated their lives to helping couples bring their love and money together. Scott and Bethany enjoy an active lifestyle living in Colorado with their two young sons, Cole and Cade.

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Location: Colorado Springs, CO
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