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How to educate children to have a correct sense of financial management
This paper will provide parents with correct financial awareness education methods from the aspects of early financial awareness education, the significance of using money, establishing budget, saving money, guiding children to understand credit, setting an example, rewarding children and sharing experiences, so as to help children better understand the value of money.

Early financial management consciousness education

Teach children how to distinguish different currencies, how to pay and change from an early age.

The meaning of using money

Help children understand what money is, why people make money and how to manage their assets.

Make a budget

Encourage children to make their own budgets, encourage them to consider buying necessities instead of luxuries when spending, and how to save money.

be economical

Teach children how to save, prepare for buying high-value items, set small goals and achieve them step by step.

Guide children to understand credit.

By explaining the concepts of credit card and loan, teach children how to use it scientifically and how to avoid the consequences caused by improper use.

lead by example

Parents should establish a good sense of financial management, abide by the budget and show their children the correct financial management methods.

Reward children

Reward children to abide by the budget and implement the savings plan through the form of "pocket money".

Experience sharing

In the process of children's growth, parents can share their financial experience with their children, and more importantly, let their children know the value of their actual use of money in life.