I was not fortunate to grow up in a home with a solid financial education, but over time and sharing with my students I have realized the importance of financially educating our children from an early age, when they grow up they will surely be free and conscious adults with autonomy in their financial principles. It is never too late to learn but if we do it as an adult it will cost us more, I say it from my own experience.It is important that in addition to teaching children a multitude of skills and helping them to develop good habits, adults must prepare children to be responsible consumers, teaching them the importance of managing and saving their money.
The role of parents is many responsibilities, children when they are young do not know the real value of money and it is our duty to teach them the value of things, what to do to obtain it honestly, can also be included in the values from the classrooms.
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In this sense, pedagogues and educators increasingly agree that it is positive to imbue them in the world of finance from a young age.
In the words of the expert Juana León "education in finance is essential in people's well-being, it is closely linked to emotional and values education and, in addition, it is better to acquire it from children in the form of habits". Furthermore, “finances are not only a matter of knowing, but of doing; Knowledge without action does not produce results ”, points out the financier.
SOME TIPS
One of the things that we must teach children is that they are not dependent on money, but rather teach them to produce it so that it, in turn, will serve them throughout their lives.
1.-Play with play money at a company or store, where the child understands the value of marketing and obtaining services.
2.-Use investment games like monopoly to create an expectation that money can be lost.
3.-Make a list of the market, calculating the cost of each product.
4.-Give a little money for something you have done, so the infant will begin to be independent with money.
5.-A piggy bank to save is not a bad idea.
Education is the key to the future. The training that is received today will depend on the opening of certain doors tomorrow. Children should be told about money naturally, they should be encouraged to save to spend and, of course, encouraged to save to invest, something that works very well For those who do not want to pay yet, it is to set family savings goals, which also serve to involve children in the economic life of the family.
Teach them by example that you don't have to buy compulsively, but rather establish priorities to distinguish between what is necessary and what is desired. Children cannot learn the value of money if no one teaches it. Normally, with 5 or 6 years, they are already able to understand basic financial concepts. Let's take advantage of the occasions to explain:
1.-That mom and dad have to work long hours to earn money.
2.-That when they pay us, we leave the money in a bank to keep it for us.
3.-That this money is necessary to pay for important things such as the house, the car, gasoline, food, school, clothing, electricity, the telephone ...
The challenge for parents is always to protect their children from harm, but also to give them enough freedom to learn from their mistakes. At first, your child will need a little help learning how to manage his money.
Of course, we are their mirror and we must be very careful, doing things well so that they internalize them in their day to day. Not only good healthy habits, but also good financial habits.
