Financial education for children

Today we live in a capitalist society where money is present in almost all the activities we do on a day-to-day basis: shopping, going to the movies, etc. In addition children increasingly access before consumption due to advertising that is directed exclusively to them. Therefore, it is important t

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

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

When you can introduce financial education for children

Being a parent carries many responsibilities. The education that is provided to the children determines their future. That is to say, thanks to this education, the 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, 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 the future possibilities of the child are favored, since this type of decisions about finances will condition his life.

Children when they are little know little about money because they do not know its real value, nor the effort involved in getting it. In this sense, the experts are more and more in agreement that it is positive to teach them the financial world since they are small. 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 that reason, it is important that it begins to be introduced from the family environment, starting at fairly early ages; close to 5 or 6 years old when they are already able to understand basic financial concepts.

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

Tips for carrying out financial education with children

In order to carry out financial education, different resources can be practiced with children to facilitate learning. As for example:

- Play the stores with fictitious 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 to the purchase, make the list together calculating more or less what the products are worth. This way the children will have an idea of ​​what the products they request are worth. Dar - Give a pay with which the children

learn to be "independent" with their bonds .- The use of a piggy bank so that they learn to save and the value of money.

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