what is the meaning of VALUE BASED EDUCATION and what do they teach?

They are classes that are taught in schools and colleges in order to make the students realize the importance of values in their life and to create a good mind to follow it. They teach about values like discipline, honesty, punctuality, etc. For example, there are classes like Women Studies, Human Rights, Art Of Living, etc.

Value Based Education

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The general answers everyone's been giving are great: make them work for it, don't spoil them, etc... But they will see you spending and what you have that their friends don't, and they may still feel a sense of entitlement that is undeserved. You should do things that show them the good qualities of money, but not spoil them. We did not have a lot of money when I was growing up, but there are a few things my parents did that might work for you: - My dad sat us down when I was about 12 and showed us his paycheck. He showed us how many hours he worked, how much was taken out for various things, etc.... This really gave us a sense of how money functions in the real world. You could do this with investment, retirement accounts, etc... to show how you have worked for money, and the sacrifices you have made. - When I turned 16 my parents told me that I could continue getting an allowance (about $10/week) and having them buy me clothes and that based on how much they felt like spending on me, or I could get a job and buy whatever I want and they would only supply my necessities (food, toothpaste, soap, etc...) - When I wanted a car, I had to buy it, but they were willing to pay my insurance. - They said they would pay for college only if I got a scholarship, and they stuck to that. Luckily I did, and college was paid for. After college, though, my additional education was up to me. - They truly appreciated every little thing that was given to them, and taught me to do the same. I also saw them frequently donating and giving to charity, and it is true that the example you set is what your children will live by. - We opened saving accounts at 11 and were expected to put in money regularly (for example, at least 10% of any birthday money we got). If you want to tech your kids the value of money, make sure it has value. Don't squander it or throw it away. Make sure your kids know that it is security, a future, the means to accomplish their dreams - not something to be spent on jeans or a purse.