What are the importance of money education?

It is very important to cultivate children's view of money.

We will deal with money all our lives, but many people neglect to let children establish a correct view of money from an early age.

Educator Merkel said: "Money education is a compulsory course in life and the focus of children's education, just as money is the focus of family. If you don't talk to your children about money, there will be endless trouble. Rich dad and poor dad said that children who lack money education will inevitably encounter four problems when they grow up:

Excessive consumption, lack of sense of sequencing, lack of awareness of investment, lack of awareness of danger.

In the eyes of these children, money is just a number.

They don't cherish the quality of money, don't understand their parents' consciousness, and have no reasonable money planning.

This is because parents never told them the sweat and hard work behind this heavy figure, nor did they tell them the role and significance of money to a family.

Financial quotient, together with IQ and EQ, are three important abilities that everyone in modern society must possess.

What are the benefits of cultivating children's financial quotient?

1. Satisfy your desires reasonably

2. Have a better plan for the future

3. Don't be a slave to money

Educating children that money is hard won will benefit them a lot. Because children will be independent and go to society one day. Especially now is the cashless era, many children play mobile phones and lose a lot of money with a few clicks.

In this "money first" society, money education is particularly important.

So how should parents cultivate their children from an early age to establish a correct view of money? Without affecting the child's personality? You can refer to the timetable of Jewish wealth education:

3 years old: Parents begin to teach their children about coins and paper money.

4 years old: children should learn simple calculations.

5 years old: Let children know what money can buy and how money comes from.

7 years old: understand the price tag and cultivate the concept that "money can be exchanged for things"

8-year-old: teach them to work to make money and put their money in the bank.

9 years old: Children should be able to make a week's spending plan and know how to compare prices when shopping.

10 years old: know how to save a little money every week to prevent large expenses.

12 years old: See through the illusion of advertising packaging, make and implement spending plans for more than 2 weeks, and know how to use banking terms correctly.

If you can't give your child good external conditions, you can teach him a decent lifestyle.

Teaching by example is not as good as teaching by example. Self-cultivation has nothing to do with the rich and the poor, nor is it directly related to academic qualifications.

Money is a value. What parents should do is to set an example for their children, help them establish a correct view of money and protect their future.