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What is financial management in education?
Rich people abroad teach their children how to manage their money.

2005-04-22

It is not enough to be naive and ignorant about financial management. Many parents are deeply afraid that their children will get into the bad habit of being greedy for money when raising their children, so that their children will not touch money. In a society full of competition and risks, such "naivety" can easily be eliminated. When Akio Morita, the founder of Sony, was just sensible, his father told him: "You are the eldest son of the family and the future rice wine merchant." Akio Morita was brought up as an heir to the family property at an early age. Gradually, he became shrewd and cautious in business and finally achieved great success.

Morgan, the founder of Morgan Consortium, started by selling eggs and opening a grocery store. After he became rich, he was strict with his children, stipulating that their monthly pocket money must be obtained by doing housework, so several children rushed to work. The youngest Thomas is too young to work, so he has no money to buy snacks every day, which is very economical. Old Morgan said to Thomas, "You don't need to save money, but you should think about how to work more and earn more money." This sentence reminded Thomas, so he thought a lot of ideas to work, opened up financial resources, and his pocket money gradually increased. He finally understood that increasing revenue is more important than reducing expenditure in financial management.

The old ones don't go, and the new ones don't come. Many people think that saving can save money. Boeing, the founder of American Boeing Company, said to his children: "If you have the desire to buy new things, you will have the motivation to work hard. Throwing away old things can stimulate people to create more wealth. "

"Hard money" is the most valuable money. If it comes too easily, it won't be cherished. So, if you think it is "hard money" in financial management,

You will find these precious and cherish them even more. When the founder of Rockefeller Financial Group, John Rockefeller 16 years old, he decided to start his own business and began to study how to get rich, but he was confused. One day, he saw a book in the newspaper, claiming to have the secret of getting rich. He hurried to buy it. He opened it, and the whole book only printed the words "treat all your money as hard money". He was deeply moved and asked future generations to remember it as an ancestral motto.

Money can't buy feelings. Never put money first in family financial management, which will hurt the feelings of husband and wife, parents and children. Carnegie, the American "steel king", once said to his children, "Money can't buy feelings." He said, "If I am generous and give you a lot of money, then you may only remember my money, but not me. If I am stingy, I may not get your feelings for me, so I would rather spend more time caring for you and cultivating the feelings between people. Because in the face of care, money seems powerless. You have to remember that it is not only the price but also the emotion that can impress businessmen the most. " Abstract Weekly: (Feng Xiaoli)