How to cultivate children s financial skills, and how to cultivate children s financial skills?

With the improvement of people's living standards, children's New Year's money is also "bullish every year". However, the problems that come with it continue to arise, such as the phenomenon of comparing New Year's money with each other, using New Year's money to "treat" each other, and buying high-end supplies and expensive toys. How to correctly guide children to use New Year's money correctly has gradually become the topic that parents are most concerned about.

In Chinese customs, the New Year's money represents the good wishes of the elders to the younger generations, and is a talisman for the children to bless their healthy growth in the new year. However, while more and more New Year's money is making children "rich", it also gives rise to a new topic - how should New Year's money be managed? Financial experts said that the cultivation and education of the concept of financial management for New Year's money need to be highly valued and correctly guided by parents.

Childhood is an important stage for the formation of children's values and wealth outlook, and during this period, experiential financial education will help children cultivate a correct view of wealth and master scientific financial management methods, which will benefit them throughout their lives. For financial experts, the first thing is to have three "awareness": the first step is to let the child understand the meaning of money, it is best to open a bank account in the name of the child, so that the child can save his New Year's money and pocket money, and cultivate the child's sense of "ownership".

Secondly, it is necessary to let children establish a sense of "bookkeeping", the root of bookkeeping is not in the form itself, but in cultivating their ability to plan money. Through this process, parents can also intuitively examine their children's spending tendencies, understand their feelings about money, and correct deviations in case they are found. Finally, it is necessary to pay attention to establishing children's awareness of "goals".

Parents can ask their children if they want to achieve a certain goal and supervise them to achieve it through their own financial management, so that children can experience the joy of achieving that goal. At present, more and more financial institutions have launched professional financial management services for parents for children's growth and education: insurance, gold, silver, collectibles, etc., but when choosing stable savings and high-risk investments, parents are often worried about whether their children's future needs are sufficient or whether they are safe.

According to the survey, one of the main purposes of Chinese family financial management is to leave a sum of money for their children, and from this point of view, it is a wise way to use the New Year's money to buy insurance for children. On the one hand, you can save health and education security for your children, and on the other hand, you can appreciate the meaning of financial management and savings when your children are older, so as to improve their self-care skills.

It is not to expect how much money can be increased through children's financial education, but to start from cultivating children's concept of money, and gradually develop good consumption habits, and then form a correct view of money and values.

1.Let children learn to spend money with a plan: parents are always afraid that their children will spend more money, develop the habit of no throttling, every time is a little bit of pocket money to the child, so that the child will form a money is out of the parents, as soon as the money is spent quickly, the child should be given a week's pocket money when the child is young, and a month when he is older, to teach the child to spend money reasonably and planned, and over time, the child will unconsciously learn to be thrifty and develop a correct view of financial management.

2.Reasonable reward system: children's financial habits and other habits of cultivation is the same, need to encourage and reward, parents to guide, when found that the child is doing well, for example, the child bought cost-effective items, or the child this month does not affect the pocket money in the case of saving less money, or the child has made the money for welfare, and they do not spend pocket money without regrets, these times parents should give the child a reward, so that the child can experience the fun of financial management in happiness.

3.Parents should set a good example: only the rational use of funds of parents, children can learn the correct view of financial management, on the contrary, if parents spend a lot of money on mahjong every day, or used in gambling, it is difficult for children to form a correct view of money, but also will form children grow up not down-to-earth, will think of opportunism, which not only can not play a good role in the child's financial outlook, but also form an incorrect outlook on life on the quality of the child.

4.Cultivate the awareness of labor to make money: Parents should control the amount of their children's pocket money, not too harsh, nor can they be satisfied in full, but leave a small part for their children to earn through labor, such as sweeping the floor, dividing dishes and chopsticks, and beating the back ...... for parentsIn order to create an atmosphere of integrity, in such an atmosphere, it will invisibly send a signal, I don't work, there is no income, I don't have income, I can't buy good food, I can't buy fun, in the process of earning and using money, not only cultivate the child's concept of labor, but also let the child understand the basic concept of money is exchanged for labor.

5.Let children do it: As children grow older, children have more and more denominations and opportunities to contact money, and children should be trained to be able to manage their finances comprehensively.

For example, when you go to the supermarket to shop, give the money to the child, there is only one requirement, and strive to achieve the predetermined goal with the least amount of money, the process of the child's choice is also the process of the formation of the child's financial management concept, such as the **, performance and brand of similar goods, the child will repeatedly compare, not only familiar with the goods, but also fully exercise the budget ability, the ability to choose and the ability to calculate money, and can cultivate the practical ability of the child's financial management.

1.Raise your child's savings awareness: Let your child know the importance of saving and help them make a savings plan. Encourage your child to save their own money, such as pocket money or birthday gifts, and gradually let them understand that money is not unlimited and needs to be managed and used properly.

2.Educate your child about financial skills: Teach your child how to allocate spending, calculate a budget, and assess risk, and help them understand basic financial literacy such as borrowing, borrowing, and borrowing.

Children can be involved in the financial management of the family, such as helping parents calculate family expenses, shopping lists, etc.

3.Cultivate children's consumption awareness: Educate children about the correct concept of consumption, so that they understand that the purpose of consumption is to meet demand and not to buy and buy uncontrollably.

You can work with your child to analyze the necessity and feasibility of purchasing items, so that they can learn to make trade-offs and trade-offs from an early age.

4.Establish a reward system for your child: Set up an appropriate reward system for your child to motivate them to save and manage their finances. You can set some small goals, such as saving enough money to travel or buy favorite items, so that children can feel that their efforts have been rewarded.

5.Set an example for your child to be the right one: Parents are the best role models for their children, so you should set a good example for yourself. Parents can actively share their savings and financial management experiences with their children, so that children can learn from practice and imitate them.

6.Monitor children's consumption behavior: Parents need to pay attention to their children's consumption behavior to avoid messy spending of money, and at the same time, they should also avoid giving their children too much pocket money to avoid developing the habit of excessive consumption.

1. First of all, cultivate children's cognitive ability to money. Kindergarten children don't have any concept of money yet. You can take your child to buy things, starting with small denominations, let him know what things can be bought with various denominations of currency, and first let him have a preliminary understanding of different denominations of currency.

2. Give him a little change in small denominations, and let him help the family run errands and buy some small things, such as salt, chicken essence and the like. On the one hand, this is to cultivate his mental arithmetic ability, how much money is taken out, and how much money people want to get back from destroying the rent. On the other hand, it is to cultivate the concept that his labor creates value, and he gives him a little errand fee every time he runs errands.

By the way, it also let him know what is consumed at home.

3. When he is a little older, open an account for him and cultivate his habit of saving. Let him deposit the red envelopes and New Year's money for the New Year and festivals into his account, on the one hand, let him know that his savings have interest income, and on the other hand, cultivate his self-control, let him understand that delaying consumption can bring him greater benefits.

4. Cultivate his habit of bookkeeping. ** of every money, where every money goes, let him register himself. In this way, he can develop the habit of frugality and not spend the money unknowingly. In addition, it also increased his basic knowledge of accounting.

5. When he is older, train him to establish a budget concept. How much money to spend and how much to save, let him make his own plans, and if the plan is implemented well, he can give certain rewards. Cultivate children's financial awareness of living within their means from an early age, and once good habits are formed, they will benefit for life.

6. Cultivate his earning ability. Rockefeller, who was raised very strictly since he was a child, earned pocket money by working as a "hired laborer" for his father. You can let him help the family with some housework and earn pocket money.

In addition, let him participate in some second-hand goods buying and selling activities, and get some income from books and toys that he doesn't need at home.

Deferred gratification refers to a willingness to give up immediate gratification for a more valuable long-term outcome, as well as the ability to exercise self-control during the waiting period. Delayed gratification plays an important role in children's financial intelligence, especially after children grow up and participate in financial investment, delayed gratification can maximize the power of compound interest, thus laying the foundation for a prosperous life.