Pocket money is not only a child's game, but also the key to cultivating children's financial management ability. This article will introduce seven methods to help parents educate their children about financial management, so that children can master financial management wisdom in the process of growing up.

Small budget talents

Set a weekly or monthly pocket money budget for children so that they can learn the first step in financial management.

Small classroom of financial management

Pass on the wisdom of saving, investing and spending, and let children understand the value and power of money.

Shopping list expert

Make a list, give priority to shopping, cultivate children's decision-making power, and bid farewell to impulsive consumption.

Small expert in price comparison

Teach children to compare prices, find the most cost-effective goods, and develop a good habit of saving.

overwhelm

Reasonable use of pocket money, there are small rewards waiting for them! Encourage them to cherish every penny more.

Exchange money for housework.

Let children do housework, understand that money is hard to come by, and cultivate a sense of responsibility and independence.

Budget review

Review the budget with children regularly, adjust consumption habits and grow together.