Children need to learn about money! Warren Buffet Way!
It's the day for Children and it is essential to ensure the rights and protection of every child. At the same time, let’s look at some of the things we need to teach kids about money today.
From where do we get money?
When children reach the age of four to five, teach the basics like where the money comes from? What do you do in a job? and why do you get paid? Teach them how the money earned is spent!Give money!
Children from the age group of six to eight should be given money in their hands and parents should overlook how the children spend the money given!Explain to the children what they did wrong, what they did well, and what they need to change when they spend the money after you have fully completed the task you gave them, without saying anything about whether they are wasting money or spending it well!
Once they have the cash on hand and their need is met! Teach them to use the remaining money as a donation and the other half as savings.
Monet transfers!
Children between the ages of nine and 12 need to be able to tell the difference between what is essential and what is a luxury. It is also a good idea to take the tools used by children to save money, such as banks and savings accounts, to the bank and show them in person.We also need to educate children about today's wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital money transfer methods such as cashless processors, cards, credit cards, debit cards, etc.