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Financial education for children

Financial education for children


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Today we live in a capitalist society where money is present in almost all the activities we carry out on a daily basis: shopping, going to the movies, etc. In addition, children increasingly access consumption earlier due to advertising that is directed exclusively at them.

Therefore, it is important that in addition to teaching children a multitude of skills and helping them develop good habits, adults must prepare youngsters to be responsible consumers by teaching them the importance of managing and saving their money. That is, perform a good financial education for children.

Being a parent comes with many responsibilities. The education provided to children determines their future. That is, thanks to this education, parents prepare their children to be independent adults, with confidence in themselves and give them all the possible tools to achieve their dreams. In short, may they be happy.

In addition to all the skills and what we can teach them, it is important not to lose sight of financial education for children. When the child receives a financial education, the development and future possibilities of the child are favored, since these types of decisions about finances will condition their life.

Children when they are young know little about money since they do not know its real value, nor the effort involved in getting it. In this sense, experts increasingly agree that it is positive to teach them the financial world from a young age. This type of education is essential for the well-being of people and is also closely linked to the education of values ​​and emotional education.

Financial education must be taught and acquired in the form of habits. For this reason, it is important that it begins to be introduced from the family environment, from quite early ages; around 5 or 6 years old when they are already able to understand basic financial concepts.

It is also important to treat the subject in a natural and daily way. Take advantage of any occasion to explain the importance and value of money; instilling in them that money is not unlimited and that it is the result of effort and work.

To carry out financial education, different resources can be practiced with children to facilitate learning. For example:

- Play stores with play money. So you can learn to identify and manage money in a playful way.

- When we go shopping let the children pay.

- When you go shopping, make the list together calculating more or less what the products are worth. This way the children will get an idea of ​​what the products they request are worth.

- Give a payment with which the children learn to be "independent" with your bonds.

- The use of a piggy bank so that they learn to save and the value of money.

- Play games like Monopoly where they can invest money and win or lose everything

You can read more articles similar to Financial education for children, in the On-site Learning category.


Video: How to Teach Kids About Money. Financial Literacy (May 2022).


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