Understand the practical meaning of money
Let children know the source, purpose and value of money, show them things at home, such as sofas and beds, and tell them that these things need money to buy. At the same time, let them know that their parents' hard work can bring them income and cultivate their awareness of cherishing money.
Participate in financial management
Work out pocket money rules with children and give them a certain amount of pocket money every week, so that they can control it freely. Encourage them to record their expenses and share what they bought and how much they spent. This will not only cultivate their consumption concept, but also enable them to learn to plan and manage their own finances.
Establish a correct view of consumption
Guide children to establish a correct concept of consumption, educate children to consume reasonably according to their own economic ability, and do not blindly pursue famous brands or compare with others. Show them the importance of rational consumption through practical examples. In this way, children will learn to spend money reasonably and lay a solid foundation for their later life.