Develop Financial Management Concepts from Childhood

I have ever read a piece of news on the Internet about a boy run away from home with his sister in the cold winter and actually they were travelling. The brother has been promised sister that would take her to travel around the world. One day they began their plan with only NT 4000 that was the prize of English speaking competition won by brother. They had no sense of money and considered that was enough to travel around the world. Finally, they stranded in the street and found by their parents.

sheep piggy bank

sheep piggy bank

After reading the news, do you think that you need to build up concept of money for your children? Many Chinese parents may collect the pocket money for their children and give it back to them when they grow up. But it may be easily run out if children do not save. It is better to buy a sheep piggy bank for children to collect pin money so that they can buy things they want. Parents cannot give too much money for children. People need to know the difficulties of earning money when they were young.

sheep piggy bank

sheep piggy bank

To enlighten children’s sense of managing money, parents need to teach them to do that from collecting money and keep a regular account. When you go shopping with your children, it is good chance to tell your kids the value of goods and how to choose goods in good quality and low prize. But it is not a thing in hurry because children have no need to use too much money when they are still young.

sheep piggy bank

Instead of some newest toys, saving pot are the best baby toys for children to collect money for themselves when they are young. It is important to teach children how to earn money, spend money and manage money in a correct way like study. Remember not to strangle children’s motivation and passion of studying.

Carol

I love babies. Babies are always cute and warm. I always think that babies are worthiest to be cherished. Do you love kids? Do you have your sweet babies? If you do so, I am glad to know you and share the interesting babies’ stories with you from each other.

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