Children are the flowers of life, and their education must be given a lot of time. The future depends on what is laid in them from childhood, and if you don’t want you to help your child survive in old age, it must be prepared for difficulties.
In particular, it is necessary to explain what money is and how it should be treated.
Financial education of children must begin with increasing their own level of knowledge.
There are many interesting articles on our blog, we recommend that you learn how to count money and stop believing in popular misconceptions about money. A child is a blank sheet of paper on which you can draw anything.
Everyone has seen how children are given money, or denied it.
The next request to buy something is put forward unconsciously, because at preschool age nobody understands how these “colored pieces of paper” are received. You go to work, which means you should always have money, children think so.
It is often observed how the younger generation measures love in money. Expensive toys are bought only for the most beloved children, many parents absolutely do not care.
In the future, refusals to buy something develop into self-interest and dependence on material wealth, so it is better to try to resolve the conflict without refusing the child the banal "no."
By isolating a child from financial issues, you yourself create problems. Children cannot adequately assess the welfare and the influence of money, they either exist or they don’t.
Often people grow up in poor families, in whose understanding money becomes the meaning of life. But there is a downside. Those who receive everything, and immediately, become passive, should they shout or let a tear, as they are presented with what they want on a saucer.
The most important thing to bring to your child is the secondary importance of money.
Everyone in life has something that brings him pleasure, and material goods should recede into the background. It is better to do what you like and become a true professional, then the money will be found.
The first step is to raise a millionaire in yourself, then it will be easier to transfer life experience and the right knowledge to your child.
From an early age it is necessary to talk to the child as if it were an adult. He should know that there are many areas of activity, you can work for the state, open your business or devote your life to carefree creativity.
Give him a choice, let him choose his life path, since we are all individual.
Do not try to hide from you children the amounts that you receive. Immediately notify them what part of the money goes to everyday expenses (electricity, water, gas, Internet, food, and so on).
Involve children in wasting money and, if he asks you for something, try to put it aside for the dream with joint efforts. No, you don’t need to arrange it for work, just don’t limit it from expenses, let it see what funds you have and how they are distributed.
Pocket spending is a great way to give a fishing rod, not a fish. Let your child try to distribute the budget. He will not just be interested, on the basis of expenses you will be able to draw conclusions and explain what would be better and where you shouldn’t lower money.
Even experienced entrepreneurs who have risen from scratch cannot always provide correct financial education.
It is hard to prepare your child for adulthood and lay the potential for success in it, but you have to strive for it. The main thing is that he does not have the impression that the world revolves only around finance.
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