2024 Chinese New Year outlook
How to help my children spend their New Year's money is a question that I have to think about carefully every year, and this is a good opportunity to cultivate and improve my children's financial quotient.
Financial quotient education may not seem to be related to grades, but it will have a direct impact on children's money values and life happiness.
To go deeper, a child with high financial quotient knows how "money makes money", then she has the ability to plan her life and future.
How to dispose of the child's New Year's money, according to the age of the child, the method is also different:
Babies with strong subjective ideas (4 years old +), children have a sense of money and want to control themselves, parents need to make plans with their children (this is the method recommended in "Puppy Money Money"):
70% savings (open a bank card for your child to save for your child, or open an investment account for your child, invest the money, and show your child the income every once in a while);
20% is placed in the "dream piggy bank" to achieve medium- and long-term goals that cost a lot of money, and to think about long-term goals, and to exercise patience through "delayed gratification".
The rest is the child's pocket money.
The baby has no concept of money, and thinks that money is not as fragrant as toys. At this time, parents need to help their children plan:70% are handled the same way as older babies;
The rest is used to buy groceries for the children.
It is best for children to spend on children, so that children can have expectations for New Year's money.
My daughter's New Year's money is saved with the help of adults, and her father opens an investment account for her, investing 1 a year, and spending the rest according to the needs of the child and the family, such as: buying toys for good friends or buying gifts for the family when traveling.
This year, I also prepared a small ledger for my children to keep track of their daily expenses, just in time to practice addition and subtraction.
endI'm @lemon reading parenting shares parenting dry goods every day, welcome to follow me, and let's ** parenting issues together