Educating children not to compare with others and not to spend money indiscriminately is not only a long-term process, but also requires the patience and perseverance of parents. In order to help children form a good consumption concept, the following methods can be adopted.

lead by example

As parents, our behavior is an example for children to learn. Avoid showing off wealth or pursuing material enjoyment in front of children, and let children learn to cherish and control.

Cultivate values

Guide children to understand the value and significance of money through dialogue and education. Let them understand that money is not the only measure of happiness, but a resource that needs to be used reasonably.

Distinguish between needs and desires

Teach children to distinguish between necessities and non-necessities, let them understand what is really needed, and cultivate their rational consumption concept.

Independent thinking

Encourage children to think independently and not blindly follow others. When they are faced with choices, guide them to take responsibility for their own decisions.

Savings and investment education

Let children know the importance of saving and investing. By helping them set goals and save for them, they can learn basic investment knowledge and let them know how to increase the value of their money.