Martina Hennessy, managing director of Doddl.ie says this approach “may seem old fashioned”, but for younger children the money is a visual representation of the accumulation of cash. “If younger children pay in cash they see the direct connection between spending and available funds.”In other words, when it’s gone, it’s gone. “Go to the counter but let them pay with their own money, item in one hand, cash in the other. Brands and advertising have an enormous impact, so the difference between cheap and expensive should be about value for money rather than cost. It’s about holding back, do they really need this new thing?”Making money as real as possible is important, she adds.

Source: Irish Independent July 07, 2021 01:30 UTC