Small mistakes now are a good thing. Let your kids make some mistakes. You want them to learn that it’s OK that they can’t buy the latest game when it comes out; it’s OK that they have to save awhile to get the money to buy it. It’s better that they make mistakes with their $5 allowance than later in life. Making mistakes now gives them the opportunity to learn life lessons when there’s really nothing to lose. If they don’t learn these skills at an early age, then it could affect their ability to manage credit, buy a car, or live where they want to. If they go blow it all on candy next month, they’ll learn from that lesson and won’t go spend it all the next time. Small mistakes now can equal big rewards later.
Andrew Burton/Reuters/File
