How to let children learn to financial management from an early age

First, children from the primary stage of training with their own savings account. For him to open an account in the bank to require a greater expenditure of money from their accounts, so that the child will begin to pay attention to their own wealth. More can be used as initial accounting financial records, how much money is spent in the entertainment, to buy food and so on, grow up naturally different from the concept of consumption.

Second, when the children will do the arithmetic, the wish to let him train in the life of the case management concept. For example, from Tianjin to Beijing, may also choose to drive a train. However, 2 individuals, 3 or 4 individuals with personal travel, which one of the most cost-effective? Thinking exercises at the same time, have to pay tolls to drive and the car depreciation and maintenance, train relatively fast, comfortable, but may not be free and so convenient. This will allow the establishment of a child from a young age structure of a similar problem analysis and design of a comprehensive and systematic practice of the financial plan.

Third, when the 11,12-year-old children when their own pocket money can be used to make regularly scheduled investment fund. So that they begin to "investment" and preliminary understanding of the investment to stimulate their interest.

Fourth, when children go to university, the focus on training the scientific concept of financial management. Let the children know, what their future costs to be paid, such as study abroad, get married buy a house, and even old-age pension and other retirement. With these objectives, however, is bound to a different level of understanding.

Fifth. combat exercises. Can give a child money, let him be in the actual operation of the most valuable experience. In addition, adult children can participate in their own home real estate investment in Central Africa, such as how to select the properties for sale, arrange a bank loan to complete the transaction procedures, and monthly family income and expenditure and the value of real estate available. If at this stage to build up a wealth of experience, then no matter what the future work of the children will have the financial concept of future growth will certainly be helpful.