Home / Health Insurance / Articles / Parenting / Child Development Tips / Have A Discussion With Your Kid Before Going For Shopping
Team AckoFeb 21, 2025
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At this stage, your child can be a little stubborn when you go for shopping, be it for buying merchandise or grocery. Before making the trip to the store, make sure that you have set the expectations right for your child on what she can ask for and what she cannot ask for. Avoid engaging your child in a conversation or reasoning when she gets into a “I want this!" mode. It will only exaggerate the situation.
Having said that, shopping is also a great way of making your child realize the importance of money and how privileged they are in many ways to have some of the best things in life. Doing it at an early age is the best way to start. While you say one cannot have it all, you can also give her the opportunity to earn her own money and have her own shopping done. Good behavior, discipline, helping in household chores, studying hard, etc. are some of the activities she can earn points for herself, which can be converted into money. With this, your child will understand the importance of money and also will be prudent while spending it because it is her hard earned. Not to forget, it also instils a sense of responsibility in the child from an early age.
Planning for your family’s financial security is an essential responsibility. Various life insurance in India guarantees your loved ones financial security in the event of unanticipated circumstances. Term insurance offers significant coverage for a predetermined time and is the most affordable option. A 1 crore term insurance policy, for example, provides a substantial safety net. Such a plan is especially advantageous for anyone seeking extensive coverage at a reasonable cost.
A term plan premium calculator is one of the most useful tools for making well-informed decisions when buying a term plan. It ensures that the plan fits your goals and budget by enabling you to anticipate premium expenses based on the coverage you want. Knowing the advantages of term plans, you can take proactive measures to confidently and peacefully protect your family's financial future.
Disclaimer: This content is for informational purposes only, based on industry experience and secondary sources. It is not a substitute for professional advice. Please consult a qualified expert for health or insurance-related decisions. Content is subject to change, refer to current policy wordings for specific ACKO details.
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