Pocket money plan
Make an allowance plan with your children and teach them how to use money in a planned way. Parents only need to provide guidelines, and let the children be responsible for the specific content. This can not only cultivate their sense of responsibility, but also help them learn how to manage their finances.
A moderate amount of pocket money
Give children an appropriate amount of pocket money and let them learn to manage. Too much lucky money? Don't worry, encourage children to deposit in the bank or buy necessary big items. According to children's age and consumption budget, leave some for them as pocket money, so that they can learn how to allocate funds reasonably.
Shopping can also learn to manage money.
Take children shopping together, teach them how to shop around and choose goods with high cost performance. In this way, if children manage their pocket money well, they will know more about frugality and wise consumption.
Simulated adult living expenses
Let the older children be responsible for purchasing daily necessities, buying vegetables and paying telephone bills. Let them know all aspects of family expenses. At the same time, parents can share family account books, so that children can understand how family financial management works, so as to better cultivate their financial awareness.