Children need all-round guidance and training from immaturity to maturity, especially the education of money, which has a far-reaching impact on children's later life. This paper will introduce the importance and methods of children's money education in detail from three aspects: money cognition, money use and correct income and expenditure.

Money cognition

Money education begins with knowing money. Teach children to know the types and quantities of money, perform simple addition and subtraction operations, and let them have a basic understanding of money.

The use of money

Understanding the source and use of money is an important part of money education. Let children understand that money is the reward obtained through labor, and educate children how to use money reasonably, and form a good habit of not wasting or spending money indiscriminately.

Earn and spend money correctly

The core of money education is to establish a correct concept and guide children to learn how to make money and spend money correctly. Through education, let children learn to be thrifty, plan their own expenses reasonably and manage their finances effectively. When children can do this, money education is truly successful.