How to teach children to manage their finances is very important for children's financial education at the age of 5 12.

Therefore, teaching children how to manage their finances requires not profound theoretical knowledge, but enough patience and unity of knowledge and practice, so that children can understand the significance of managing their finances little by little and develop their own financial quotient little by little.

Although Brother Li can't practice my theory of children's financial quotient education for the time being, I am full of confidence in my future children's education. I think I should be a good teacher and have given several offline lectures on children's financial and business education. Li Ge said that the biggest feature of financial management is simple and fun, and the site effect is good, so I think I am still qualified to talk about this topic with you.

At the end of August this year, before the start of school, it was reported that 36 primary and secondary schools in Guangzhou would pilot financial management courses after the start of school. What the media are most concerned about is that the high school version of this course covers stock investment, including how to open an account in a securities company, how to trade stock futures, and even use software to simulate stock trading.

You know, at that time, the stock market fell from 5000 points to 3000 points. Parents themselves lost their homes in the stock market and let their children learn to trade stocks at school. Is this not a joke? Isn't this luring minors to commit crimes? So the social response was not very good at that time. Many people think this is very encouraging. Even we adults find it difficult to control ourselves when facing the ups and downs of the stock market. We often make mistakes. How can those children who have not completed the formation of the three views overcome their inner greed and fear? Aren't you going to let the children ruin the three views in advance?

I think it is very reasonable to learn some knowledge about stock investment in high school. The crux of the problem is who will teach high school students to stock market.

Because our formal school education system, from primary school to university, has never systematically taught children how to manage money correctly. Even those who specialize in economics in universities still don't know much about financial management. At present, professional financial planners in the market, including Li Ge, are gradually mastering systematic financial management knowledge through professional training after work. So how many primary and secondary school teachers now really know how to manage money?

At that time, the children grew up and lost a lot of money in stock trading. Parents asked, "Who taught you to invest in stocks?" The child blinked his eyes and said, "My stock knowledge was taught by the PE teacher" ... So, are you right? Don't say that these financial management courses are really taught by a math teacher, a physics teacher or a political teacher. They don't know much about financial management themselves. You give them a textbook, a syllabus, and let them take a financial management class. As a result, hehe, you know.

In fact, Guangzhou is not the first city in China to pilot financial and business education in primary and secondary schools. Shanghai had such a pilot several years ago and compiled a whole set of teaching materials, but it was of little use. Because of the college entrance examination for financial management? Don't take the exam. Since they don't take the college entrance examination, teachers have no motivation to teach their children financial management knowledge seriously.

Just like in the third year of senior high school, many minor subjects eventually gave way to the main subjects of Chinese, mathematics and English. physical education class's position was terrible and it was easy to be occupied. The same is true of financial management courses. It used to be a pilot, so I tried it, and finally it disappeared ... so Li Ge dares to bet here that unless a financial management subject is added to the college entrance examination, the financial management course pilot in Guangzhou will definitely end in vain. This is the sorrow of exam-oriented education, and this is the helplessness of China children.

Preschool period of 5 to 7 years old

Therefore, teaching children to learn financial management and relying on school education, I think there is little hope for a long time to come. In the end, it is up to parents to teach themselves. But our parents are also financial professionals, so what should we do specifically?

Although children's financial and business education has been in the ascendant in China, in developed countries like the United States, people have long had a complete set of educational theories. From the mature experience of foreign countries, the biggest feature of children's financial business education is that it must follow the growth of children's cognitive ability step by step, so that he can deepen his understanding of financial management bit by bit.

Personally, children under the age of 4 have not formed a complete and coherent memory, and the cognition and learning of external things are more of a biological instinct. It is not necessary to give special consideration to financial education when children are too young.

Preschool children aged 5-7 have acquired complete language ability and discrimination ability, and can start financial and business education.

First of all, you should consciously teach him about money. Knowing that this is money, this coin represents 1 yuan, and a red piece of paper with an old man's head painted on it represents 100 yuan. This little piece of paper is different from the paper towel you use to wipe your mouth after a good meal. Throw it away if you can't wipe your mouth. It's full of bacteria! Then you have to tell him what this money can do. You can buy delicious food and fun. But the money didn't fall from the sky, it was earned by mom and dad through hard work. If you want to get the money, you have to earn it by your own labor in the future.

When you go shopping, you should also teach him to know the price tag, let him count the money, pay the bill, give change, and know how the money is used. Because the children have not gone to school at this time, although some children who have received early education have learned pinyin and arithmetic, at this time you should cultivate their awareness of treating money correctly and managing money correctly, not specific financial management skills.

I think we should focus on cultivating children's financial awareness during this period.

First, let children realize that money is not everything. There are many precious things in this world that money can't buy. For example, your life, such as the blue sky, such as the fresh air you breathe every day, such as time, such as peace, such as human freedom, such as the love of parents.

Many people are opposed to educating children to manage money from an early age because they are biased against money. They think that teaching children how to manage money is to let them fall into the eyes of money when they are young, so that they will become an insatiable snob when they grow up.

No!

It is precisely because our parents don't tell their children the most important financial concepts when they are ignorant, and they remember what they say, which makes it easier for children to fall into the eyes of money when they are slowly learning by themselves in society. Who told your parents not to teach me since childhood? Then I can only learn from society. And what our society can teach children today is not naked money worship?

The reason why ancient private schools let children recite the words of saints all day is very simple, because the children's cognitive ability at that time could not fully understand Confucius and Mencius. But this period of time is the best memory in his life, and he can learn whatever you teach him, so let them never forget what these saints said during this prime time.

The same is true of teaching children to manage money. Children must be made to understand what money can and cannot do. Moreover, your focus should not be on letting children know that money is the most important thing outside the body. Instead, you should cultivate children's awareness that money is not so important, and let them know that even children in ordinary families can live happily as long as they are satisfied, and don't compare with others. This idea must have been deeply rooted in his mind before he went to school. Because once he enters the school society, he is easily influenced by the material comparison between his classmates.

Second, let children develop the ability and habit of weighing trade-offs.

The core of economics is to weigh the trade-offs, because the wealth of this world is limited, and our desires and needs are infinite. How can we make limited wealth meet the needs of the whole society to the greatest extent? This is a problem to be studied by economics. How can I make my limited wealth meet my needs to the maximum extent? This is a problem to be solved in financial management.

Children like toys, but now children's toys are very expensive! Children fall in love at first sight. When they are tired of playing, they will give up at first, and then clamor for new toys ... this is the same as many rich children keep changing girlfriends. This is human nature. Therefore, parents must curb their children's nature. Don't always tell the children that this toy is too expensive for us to buy. Repeatedly, children will form a strong dislike. Why do you think my needs are always unsatisfied? Why do I always make sacrifices? My parents are the ones who have no money! If I have money, I can buy any toy I want! Then the child will cry, make trouble, hang himself, and never stop until he reaches his goal. You see, this will lead children to the wrong direction of thinking.

The correct way is to give children multiple-choice questions. We agreed that you would have 100 yuan of pocket money to buy toys every month, but you only bought this Iron Man two days ago. You have run out of pocket money this month and can only wait until next month. Or, this toy needs 200 yuan, but this month's pocket money is only 100 yuan, so you have two choices: either buy a cheaper toy, or wait until the pocket money arrives next month to buy this toy for two months.

In this way, children know that their financial resources are limited. He can't buy that if he buys this, so he has to make a choice. If you want to buy expensive things, you have to wait to save money, and you have to learn to restrain your desires and delay consumption.

On the road of our life, we can say that we are experiencing trade-offs all the time, whether it is the allocation of time, the choice of marriage, the choice of career, the choice of tourist destination, or the choice of various investments and consumption in life. The sooner children understand this, the sooner they learn to calculate gains and losses, find the best way to satisfy their choices with limited financial resources, and bear the corresponding consequences for their choices, the sooner they will mature.

Third, we should cultivate children's awareness of communication and cooperation.

Humans are gregarious animals, and greater wealth can be created through cooperation between people. When the money for toys runs out, what should children do if they want other toys? You can let him exchange toys with other children. Let him know that if you are willing, you will gain, gain and lose, and lose everything. You can't hold everything tightly in your own hands. You should learn to let go when it's time to let go, so that you can free up your hands and grasp what is more important to you.

At the same time, you should also encourage children to play games with other children, play together, and complete some tasks together. You should know that your strength is limited, and everyone can work together to gain greater strength. This awareness of resource exchange and optimizing resource allocation has helped him all his life.

Finally, we should cultivate children's enterprising spirit.

Of course, it is useless to make children enterprising. First of all, your parents have their own dedication. You should be enthusiastic about charity and be willing to help people in need, so that you can plant the seeds of generosity and charity in your child's young mind and let him know that helping others is also a great pleasure for him. In particular, you can donate some charitable projects in the name of children, so that children feel extremely glorious.

In short, the core of pre-school children's financial and business education is to let them form a correct view of money and remember some of the most important financial concepts.

8- 12 years old primary school stage

By the age of 8- 12 in primary school, because they can already write and calculate, they will rise from simple concept education to practical financial management.

First of all, let him form a good habit of keeping accounts.

Of course, if he wants to keep an account, the premise is that he has the right to independently control his pocket money. Before going to school, he only had the right to know and choose, and the final actual control was still on his parents. After school, you should also estimate the pocket money you give him in advance, and calculate the transportation expenses, snacks, toys, stationery and extracurricular reading materials he will spend a month, which is probably how much he wants. If we increase 20% on this basis, it will be the pocket money that children can control freely every month.

It is most appropriate to give pocket money once a month. Give too much money at once, and children can't stop spending money; If you give too little, it will be difficult to cultivate children's ability to control their own consumption rhythm.

Of course, at the beginning, children gained control of a sum of money, and it was easy to spend money indiscriminately. As a result, they spent all their pocket money in a few days. Ask him again where all the money has gone. In fact, he can't tell the truth, because all the children can buy are snacks and toys, which are all small expenses, and the money is gone after spending it. So you should urge him to keep accounts every day.

Bookkeeping can not only help him practice writing, but also help him practice counting. This can also let him know where all his money has gone. He will realize by himself, alas, I spend too much money today, and I have to spend less in the next few days, or I will have no money by the end of the month ... alas, I shouldn't buy this today, but I should save money for that tomorrow ... so he will gradually learn to make a budget in advance and plan next month's consumption. This ability of overall planning is also the basic skill of financial management.

Remember, don't be afraid of children making mistakes in financial management. Children must grow up with constant mistakes. You should transfer some money control to him, let him be responsible, let him realize the happiness brought by the correct consumption decision and the regret brought by the wrong consumption decision, and let him grow up in financial management ability. After all, it is much better for him 10 to make mistakes on the issue of tens of dollars when he was in his twenties than to make mistakes on the issue of tens of millions of dollars.

Second, let children develop the good habit of saving.

Why do I suggest that you give your child 20% more pocket money budget, that is, let him learn to control his desires and persist in saving? Of course, this needs the guidance of parents, especially to guide him to make a savings plan in order to buy an expensive thing. For example, buy a new computer, or buy a new mobile phone, or buy a new bike, and so on.

One of the easiest ways is to buy a piggy bank for your child and let him save the rest of his pocket money every month. When you have saved enough money to buy a new mobile phone, take out all the money in the piggy bank. Pay attention, be sure to buy a transparent piggy bank so that children can see that money is increasing every day. On the one hand, it will make him feel closer and closer to realizing his dream. On the other hand, it is also a temptation. Every day when he sees money, he has the impulse to take it out to buy something else and give up this savings plan. Whether he gives up halfway or persists in the end, this is very valuable financial management experience.

It is smarter to guide children to save in reverse. For example, a child wants to buy a bicycle from 500 yuan, and his monthly allowance is 300 yuan. When he gets his monthly allowance from 300 yuan, he should deposit 100 yuan in the piggy bank, and then 200 yuan can spend the rest, so that he can save enough money to buy a car in five months.

If he thinks saving money is too slow, he will take out 150 every month and put it in the piggy bank first, so that he can buy a car in two and a half months. This truth is the same as that of us adults who deduct a sum of money to make a fixed investment in the fund after getting a monthly salary. We don't manage this month's expenses first, and then save them at the end, but take out the money to be saved first and let the extra money be spent. This is the correct financial thinking.

Third, it is also necessary to cultivate children's ability to reasonably consume and shop around in life.

For example, if you want to buy snacks, the price of big supermarkets is cheaper than that of convenience stores, and different supermarkets often do different promotional activities. You should learn to buy snacks when they are promoting sales. For another example, if you want a toy or a book, you can try it in a physical store to see if you really like it and want to buy it, and then go online to see if it is cheaper. For example, when you go out to eat or travel, you can teach your children to download discount coupons or buy group coupons, or grab some special products for promotion and spike.

In short, the correct concept of consumption is not to let children save money desperately. Of course, a proper sense of thrift is still very important, but it is more important to let children learn to get the most and best goods and services with relatively little money. This is called smart consumption. In order to let children learn to consume reasonably, parents must first learn to consume reasonably, so that children will follow suit.

Fourth, children are older and need more money. What if the child thinks that the pocket money you give is too small to use? The first way is what I said in the last episode, teaching him to delay spending until the pocket money is paid next month.

The second method is to teach him to overdraw in advance. Dad can lend you money to buy it, but he has to pay interest. For example, your monthly allowance is 300 yuan, but because I paid you the allowance in advance for next month, I deducted the interest from 30 yuan and gave you only 270 yuan. If you want this 270 yuan, your pocket money will be gone next month. If you don't want it, I'll give you 300 yuan as usual next month. At this time, the child will forget. Are you willing to lose 30 yuan pocket money in order to buy this baby one month in advance?

Nowadays, many parents hate that their children who are still in college or have already worked can't afford to overdraw their credit cards for three days. It is because these children have not received the correct early consumption education since childhood! We don't encourage children to spend in advance, but parents should give their children the right to spend in advance and let them know the advantages of delaying consumption and the disadvantages of spending in advance. He realized the disadvantages of spending in advance when he was a child. When he grew up, he met the devil's tool-credit card, and he could swipe it without money, so he could restrain his impulse to spend.

The third better way is to cultivate children's awareness of making money through labor. But children are too young to work outside to earn money. They can only earn money by doing housework at home. Whether children should be paid for housework has always been controversial in education. Some people say that it is good to let children know that they can get material rewards through their own labor, while others say it is not good, because from an economic point of view, housework does not generate wealth, which is not included in GDP, and if children should be paid by their mothers for housework, should mothers also pay for their children's housework?

I don't think it is necessary for children to surf the Internet, wash socks, sweep the floor, wash dishes and do some housework as much as they can when they are young, but they are usually too dirty and tired to do it, and then earn 10 20 yuan from their parents. He will feel particularly distressed to spend this money. After all, this is not pocket money that his parents can never give you, but your hard-earned money.

In addition, in primary school, you can also take your children to play some games that can improve financial quotient. Such as monopoly games and more complex cash flow games. It is certainly much better for children to learn financial management knowledge through entertainment than simply instilling knowledge.

13- 18 years old middle school stage

By the middle school age of 13- 18, children's financial and business education will go further. That's right. You must start teaching him to invest.

First of all, you should introduce him to the bank, which is the door for us to learn about investment and financial management. You should teach children how to open an account in a bank, how to withdraw money from an ATM, how to transfer money and remit money, how to calculate the interest rate of current savings and fixed savings, and how to buy bank wealth management products. When the child goes to high school and spends more money, you can give him a supplementary credit card to give him greater authority to overdraw. Of course, if his child overdraws, you should criticize him in time and freeze his account.

Then you have to teach him about the fund. Including why the money fund income is higher than the bank deposit interest rate? Why are bond funds the main body of family financial assets? Why can the fund get a higher long-term return than simple bank savings? Including the lucky money received every year in the New Year, we should also encourage children to increase the value of this money through the fixed investment of the fund. Although you should also teach him the basics of stock investment, you should encourage him to invest in the stock market indirectly through fixed investment, and get the return of stock market investment with relatively little risk, instead of making him think about reading all kinds of stock trading books all day and trying to make money by predicting the rise and fall of the stock market.

Of course, there are knowledge of insurance, gold, houses and other investment categories, including P2P. You should also tell him bit by bit, and finally let him form a strong sense of risk and asset allocation.

In addition, after children go to high school, you can also encourage them to work outside in winter and summer vacations to earn money. At this time, the child's body has basically developed, and it is not appropriate for you to let him do housework to make money. However, it may be just a good idea for high school students to go out to work in China. Because we high school students are not forced to go to school or tutor to make up lessons in winter and summer vacations, it is worthy of gratitude.

Have you found that children's financial education is a systematic process, focusing on methods before skills and step by step. When children are very young, they often listen to their parents most. At this time, they should tell their children the most important and fundamental correct concept of money and financial management. This is called Tao, instead of urging them to think about how to make money by trading stocks all day. This belongs to technology. Just like when we study mathematics, we must learn addition, subtraction, multiplication and division first, and then learn the root operation. After primary school, we should not only instill the correct methods, but also teach him useful skills. After entering middle school, we should teach him more and more practical financial management knowledge and skills.

It doesn't matter if you learn those financial skills in the future, but the way that affects your life must be deeply imprinted in your child's heart before his three views are formed. Because the older a child is, the greater the influence of information from schools and the media, especially the internet, and the influence of family education will become weaker and weaker. When children go to college, you will often stop teaching them these financial principles. Because by then, your child may know a lot of new knowledge better than you, and he can be your teacher in many places. How do you teach him?

Final advice.

In the process of financial education for more than ten years, there are two points that parents must pay special attention to.

First, we must form a United front in front of children. Let children establish a sense of rules from an early age, and they will do what they say. If they are wrong, they should be punished. If they have no money this month, they can't go shopping next month. Dad can't play the bad COP, mom can play the bad COP, or dad just taught the children that this toy can't be bought until next month. When children go to grandpa's, they will buy them as soon as they are soft. The child is very clever. He knows how to read other people's minds, have it both ways. He will instinctively develop in the direction of maximizing his own interests. If the adults in the family can't work together in Qi Xin, it will be difficult to succeed in financial education for children.

Second, as the saying goes, example is better than example. Children are our closest family and live with us every day. He sees your every move and remembers it in his heart. You ask him to be polite to others, but you have no manners yourself. How can a child be polite? You told him to be frugal. How can children be frugal when you spend money lavishly? You tell your children every day how hard your parents support you. When you grow up, you must be filial to your parents, but you rarely take time to visit your parents on weekends. How filial can your children be to you when they grow up? Whether it is to teach children how to manage money or something else, this is the truth.

Finally, I want to say a few words about women's education planning.

Children's education planning is a very important part of financial planning, and it is also one of the Dragon Ball mentioned by Brother Li. However, when many parents talk about their children's educational planning, all they think of is money, that is, raising funds for their children to go to college or study abroad in the future.

Li Ge has always believed that if your family's economic conditions are not very good and you are a little short of money, you don't need to give priority to the education funds for your children's future college education. The most important and urgent thing is your parents' pension fund, especially the money for medical treatment, because they may die soon, and when they die, you won't have a chance to honor them. Another important and urgent thing is your housing provident fund. It is said that if you want to get married, you must have a nest of your own. Next, you should consider your future pension fund, which is very important but not urgent. Finally, we should consider the equally important but not urgent children's education fund.

In the case of poor economic conditions, children's education funds should be the last consideration. And if your family conditions are good, there is no need to prepare a special fund for children's education. For example, if you have two or three houses, when your children go to college and the family doesn't have enough money, sell a house.

What really needs to plan children's education funds in advance are those families with less than the upper class and more than the lower class. It is necessary for such families to consider setting up a special account for their children's education fund, and make long-term investment through the fund's fixed investment or buying education insurance, so as to avoid financial crisis in the future, which will cause their children to be unable to complete their studies because they have no money. Then your parents must feel guilty.

But the problem of money is only one aspect, and it is more important to talk about people in children's educational planning. The ultimate goal of education is not to let children get a golden Wen Pin, but to shape their sound personality and cultivate your children into a knowledgeable, educated, moral and ideal person. The truth of teaching children how to manage money is actually the truth of teaching children how to be a man when they grow up.

When a litchi told me privately about his financial goals, I felt very funny, because one of his very important financial goals was to help his son prepare money for his future marriage and house purchase. I said your son is only 5 years old now, so it's none of your business to marry a daughter-in-law and buy a house in the future. You can afford your own house then, but you can't. Dad, if there is extra capacity, I will help you raise some down payment. Dad can't protect himself. Sorry, let's rent a house and get married. Isn't that natural?

If it is your responsibility for your child to get married and buy a house, is it necessary for you to help your son prepare for the future pension in advance? What will your son do when he grows up? What else does he need? Is he still motivated to study hard and work hard? Do you think it's really good for your children to work so hard for their future?

Do you think that spending so much money to make up lessons for children, starting from primary school, feeding, dressing and playing well, and finally spending hundreds of thousands or even millions to get a diploma from a third-rate university abroad, is it love or harm? Do you think spending so much money on children will eventually turn them into promising talents or worthless nerds?

Nowadays, China society is too impetuous, and everyone wants to make quick money. Education in China is also very impetuous. Teachers will not cultivate children's innovative thinking and questioning spirit as long as they learn by rote and get high marks in exams. Finally, when they enter the society, many young people are bent on taking shortcuts through the back door and simply can't afford to suffer. Moreover, they only have book knowledge and no survival skills, but they aim high and aim high. How much career achievement do you think such a young man can achieve?

We have no way to fight against this society and this system, so what we can do is to spend more time and energy on children, educate them, especially set an example, and let them know what is right, wrong, important and unimportant.

When I introduced Mr. Qian Jun in the first season, I said that there are some most important things in our life that you can't buy no matter how much money you spend. The problem of children's education can't be solved by money alone, but you need to spend enough patience and energy to cultivate him. Whether it is to cultivate his financial awareness or to cultivate him into a person with a sound personality.