When I speak of financial education in children, many parents open their eyes and are surprised. Perhaps the money is an issue that must be taught at such a young age? Their children against the computer probably imagine studying the stock market or believe they should be replaced to their favorite reading stories with the Finance of the journal section. Of course not. I am also advocate that a child should play hard, be outdoors and grow in an environment that allows you to perform all the activities that are specific to that stage of life. I also believe that they aburririan a lot if we read them or talk about finance in a language of adults. However, financial education goes far beyond mastering some own vocabulary financial terms.
It begins with the formation of basic habits that will prepare the child to acquire the necessary basis to handle money wisely in the future. Then named some activities that parents could implement in their families to promote financial education in their children. 1. Instead of buying them candy and sweets, offer them the money is going to kill two birds with one stone. They will eat less sugar and at the same time is a valuable opportunity to teach them about the concept of spending versus investing the money. Money spent on candy is gone forever and produces a transient pleasure, but the money saved and well invested will produce more money which can benefit in the future.
2 Formation of habits of saving buy them the famous piggy or any other piggy and teach them to save part of the money they receive. Saving is a habit that can be learned at an early age. The majority of adults live indebted by spending more than they earn, independent of their level of income and academic titles which possess. If your children understand the concept of saving and not spending everything, they can be part of the privileged minority who knows how to manage their money wisely. 3 Have fun with his sons playing didactic games of finance every educator knows that a child learns best playing. By what not leverage this ability to educate them in an area that is so ignored by traditional education? There are many educational games for children, from the classic Monopoly until Cashflow 101 and Cashflow For Kids to young children? for older children. The latter can be found in Spanish.