Managing your finances is such an important life skill, however, no school teaches children how to do that. Pocket money or allowance can be a great way to teach children money management skills. By managing their pocket money your child can learn how to make decisions, deal with limited resources, and understand the benefits of saving and donating.

Remember that if you are tired, fatigued or stressed, you may react by lashing out at your child. It happens to most parents at some point or another. Fortunately, there are steps parents can take to minimize or avoid the likelihood of over-reacting and remain in control when stress is high.

One of the biggest concerns that parents have today is the way technology and media have taken over their children's lives. Let's face it. We live in a world governed by technology and stay connected through social media. Interaction between people is more often through electronic media rather than in person, even if the person is sitting across your cubicle in office! This trend extends to our children as well.

In today's connected world, inter-cultural marriages are common. Many families have a cross-cultural or inter-faith marriage and while this is a phenomenon to be welcomed, it does bring with it a host of new challenges for young parents. This union can be very enriching for the children as their world view widens with their exposure to varied food, culture and language. The flip side is that it could lead to cultural clashes about how the child should be raised.

When both parents work, sometimes they have no option but to give the child a house key or leave a key with the neighbors. If you are leaving your child alone at home, it is important to take precautions and ensure your child is safe and prepared to handle the responsibility.

Shyness in children is quite natural but it shouldn't become an impediment in their personality development. Here are some ways in which parents can help their children overcome shyness and develop into confident and balanced individuals.

Children are not born natural talkers; they need to learn to become one. You can help your child become a confident speaker by making learning a fun activity. Here are some ways to do so.

Parenting is a very rewarding experience, but nobody ever said it was easy. One of the major challenges one might face is discipline. When your child's behavior pushes you to the edge, how do you handle it? Do you see spanking as a solution?

If you feel that stress affects only adults and if you have been thinking, "but childhood means being carefree and happy, isn't it?", then think again. In a world of academic pressures and where tough competition exists with the need to perform to one's best, you may be worried about your child's future career and success. While many of these expectations can be motivating, excessive pressure can result in psychological ill-health and lower levels of well-being for children.

How many hours does your child spend in front of the TV everyday?  Many of us are convinced that our kids (and we ourselves!) cannot live without TV. TV keeps our children entertained and no doubt there are many good programmes on TV that can really be beneficial. But let's take a look at all the things that your child is missing when watching TV.