Parents consciously cultivate their children's financial management ability and habits when they are young, which can not only prevent children from developing the habit of spending money indiscriminately, but also help children to establish a correct concept of saving and investment, which is very beneficial for children to form independent living ability as soon as possible. So how old can you teach your child to manage money?

3-6 years old

Parents should teach their children to know coins, help them understand the value of money, and learn to buy some simple goods with money; Let children understand that only through their own efforts can they get corresponding rewards; Teach children to count money, train them to count a lot of money, let them understand the concept of thrift and start learning to save money.

7- 10 years old

Teach children to pay attention to the price tag and learn to compare with the money in hand; Give children some knowledge about opening an account and saving money in the bank, and inspire them to find ways to earn their usual pocket money; Teach children to practice making their own usual money plans and know how to bargain with merchants when buying things; Teach children how to save pocket money and buy some more expensive goods when necessary.

1 1- 13 years old

Let children learn to evaluate some commercial advertisements, find some good-quality and affordable goods they need, and begin to understand and understand the concepts of discounts and concessions, let children know that money is hard to come by, and begin to have the concept of saving, and teach children to classify pocket money. In addition to daily expenses, short-term savings can be used to buy more expensive items, and the rest can be kept in the bank for a long time.

/kloc-after 0/4 years old

Parents can let their children fully participate in some simple business activities, financial management and transactions in adult society. Good financial habits are the wealth and foundation of a child's life.