One more thing, parents should not expect too much from the results of financial management and pass this expectation on to their children. As I said before, financial management is not a path from 10 thousand to 10 thousand. Although the words financial management, investment or wealth management are fashionable and attractive, looking at the rich people all over the world, except for a few people such as Buffett, almost no one started from stock trading or pure investment, and most of them started from industry. There is a simple reason. All financial transactions only promote the more efficient operation of the economic system, and financial activities themselves do not create value. They can only ask the society for the part of the return that they help improve efficiency, or financial activities just get a slice of the profits from real economic activities. Therefore, it is not surprising that industrialists have more wealth than financiers. I remember a friend said, "You can only make a small fortune by speculating in stocks, and you can make a big fortune by issuing stocks". Therefore, if you want to create wealth, it is more efficient to start a business first and then go public than to buy financial products on the market. Therefore, when parents teach their children financial knowledge, don't let their children have the illusion of "alchemy" in financial management. On the contrary, they should let their children know that only considering "Qian Shengqian" can only make them rich, but not rich and expensive. Success through hard work is a sunny road to riches.
There are two concepts of financial management that parents should understand: ☉ Although money is not everything, it must not be regarded as dirt, and it must not be opposed to the purity of children. If children want to master wealth in the future, they must be close to wealth;
The ultimate goal of children's financial management is not to train financial experts, but to train children's self-management ability of wealth, and not to pursue technology excessively.
Know how to be thrifty and never meet all the material needs of children unconditionally. Today's children may blame you, but they will definitely thank you in the future. As the richest man in Taiwan Province, Wang Yongqing was thrifty all his life. As his children recall, he has a habit when drinking coffee. After pouring the creamer into the coffee, he will pour some coffee into the small box containing the creamer, rinse off the residual creamer and pour it into the coffee, and then enjoy it slowly after making sure there is no waste. This habit deeply affects the next generation. After her daughter became the richest woman in Taiwan Province Province, she still drove the old Toyota Camry, and the notebook she used was only a few dollars, just like the notebook used by primary school students.
Rockefeller also seized every opportunity to tell children how to save. Rockefeller once controlled the largest oil company in the United States. After the oil is canned, the seal of the oil drum should be sealed with solder. When Rockefeller inspected the enterprise, he found that the workers sealed the oil drum with 40 drops of solder to ensure the quality. He asked the workers if they had tried to use 38 drops of solder. The workers tried it and found that the quality was affected. They immediately found that 39 drops of solder could get the same good effect as 40 drops. He was promoted immediately and wrote to tell his heir, the eldest son Rockefeller Jr., that saving this drop of solder could save the whole group $25,000 for the whole year. Instead of preaching to his son, he used small things to influence and change his son. These brands have created an excellent little Rockefeller. Rockefeller Jr, as the first president of the Rockefeller Foundation, passed on his father's career from generation to generation, making the Foundation the most prestigious charity organization in the world.
When I was a child, every time I dropped a grain of rice on the table, I had to be educated by my grandmother, so I formed the habit of not wanting to waste it today. No one is born frugal or extravagant. No matter what family, the habit of thrift must be developed by adults from an early age to help children. No matter how rich you are, you can't have a rich child. The richer the family, the more you should guard against this risk. Otherwise, even if Jinshan Yinshan is given to children, it will be exhausted.
Saving is the top priority of financial management. Listing accounts can let children know that they can make money without spending money. It is suggested to open a bank account for children and save some pocket money and lucky money. Children will understand:
If the money is not spent immediately, it will be rewarded, that is, interest;
☉ The better you control the expenditure plan, the longer the deposit period, the higher the return, that is, the interest of different deposits is different;
The income of different financial products is also different, such as demand savings and money market funds, so you should know how to compare them.
Financial management can't escape numbers, addition, subtraction, multiplication and division, percentages and so on. Therefore, it is necessary to cultivate children's sense of numbers, which will enable them to face financial problems easily in the future. The number sense I am talking about is not a simple four operations, because many financial decisions in the future need a series of comparisons and analysis. For example, the monthly parking space in the community is rented in 400 yuan, and the price is 1.5 million yuan. So, should we rent it or buy it? Another example is that a security fell from 2 yuan to 1 yuan, with a drop of 50%, while it rose from 1 yuan to 2 yuan, with an increase of 100% ... and so on. Therefore, it is best to cultivate children's keen sense of numbers, such as 30% of 100 and 50% of 60, which is bigger and which is smaller. These methods can turn empty yield figures into intuitive feelings.
Grandet in Balzac's works is a miser, who obtains the rich family property of the woman through marriage. But it is undeniable that Cooper's calculation of each asset in the novel is really meticulous and clear. For example, after buying the manor, how much rental income can he get? He knows how many boards he can sell to make barrels if there is a good harvest. The error is only one board high and low ... and so on. With such a clear concept and years of hard work, it is not surprising that you have saved a lot of wealth in your later years.
On many occasions, parents can cultivate their children's digital awareness. For example, shopping comparison can let children know that the price of the same thing may be different in different shopping malls; The same thing may even have different prices at different times in the same shopping mall (such as discount period); Even packaging and after-sales service are part of the price.
The best way to cultivate children's sense of numbers is not to solve those annoying arithmetic problems, but to let children keep accounts. China people seem to have a natural contempt for bookkeeping, and the image of Mr. Accountant is always not very positive. But this is by no means the case. Bookkeeping brings children more self-management ability and self-reflection consciousness. Through the record of each expense, let the children gradually understand which money should be spent and which money should not be spent.
Rockefeller's first job was as a bookkeeper, which helped him form the habit of keeping accounts. Bookkeeping has also become a family heirloom. In a letter to his son's 20th birthday, Rockefeller sent $20 and wrote: "What makes your mother and I happy is that you are also very abstemious in spending money and strictly abide by our family's good habit of keeping accounts. Compared with your peers, you make me extremely proud. " Rockefeller Jr. later asked his children to keep accounts, and his family business has been maintained for 100 years until today. Other wealthy families who don't pay attention to bookkeeping have already exhausted their wealth.
If the child 10 is over, I even suggest that the child should be home for one month. In this month, all the expenses at home are taken care of by the children, and the children need to record all the income and expenses of the whole family. After a month, the child will find that it is not easy for parents to manage the family, because the complexity of managing family expenses is far greater than his imagination. Let the children stay at home for a while, it is better to teach them 1000 words.
It's most important to tell the truth ten thousand times. Let the children try again. The essence of financial management is to solve the two problems of "open source" and "throttling", and children can try it themselves.
For flexible children, parents can test their children with some fancy questions. Once, a friend's child was upset because he didn't have enough savings to buy a favorite bike. The friend took the opportunity to put forward a set of loan conditions, including interest rate and time. After several days of deliberation, the little guy finally decided that the deal was not cost-effective, so he might as well wait until he had saved enough money to buy it. But in the end, I suddenly found that I could find the same thing online, so the little guy finally took the baby home at a price of 50% to 60% off the market price. Although this incident ended in online shopping, the process of discussing and negotiating loan terms with his parents before and after was enough to benefit the children.
Life is the best teacher, and financial management class is no exception. So parents may wish to let their children get in touch with coins early. For example, when shopping, children can take money to the cashier; When paying tuition fees, you can also let the children hand over the money directly to the school teacher; Adults go to the bank to do business. If possible, they can take their children with them to familiarize them with the business environment and processes of the bank. In our previous era, such things may not have much impact on children's growth and life experience, but for children after "00", familiarity with banks may become particularly important.
I was only five years old when I made my first money. At that time, a gymnastics competition was held in the provincial gymnasium. After each athlete completes the action, the children need to run to collect the referee's score sheet and submit it to the summary office. My mother signed me up. I ran for more than half a month and earned 5 yuan. At that time, I had a vague concept that my own labor could be exchanged for income.
My first business was selling cups at the university. In this process, I experienced wind and rain and fear. In the process of bargaining with passers-by, I first mastered the communication skills in business. Although this business only made me earn 200 yuan in the end, it made me understand the hardships of making money and master the customer psychology, which is much more useful than any marketing course in the university.
I worked as a newspaper salesman when I was in college. I randomly found an office building for a strange visit and knocked on doors to sell. I remember that before every promotion, I was very nervous. I took a deep breath and swallowed at the door and waited until my heart beat less quickly before I went in. Of course, the result was not very good, and I sold one in a few days. Although this experience was not very successful, my self-confidence and anti-strike ability were gradually honed inadvertently.
Carry out different financial and business education at all ages.
5~6 years old: Work out his admission party budget with your child.
Parents pay more and more attention to the socialization of early childhood, which is of great benefit to cultivate his interpersonal communication ability, language communication ability and overall planning ability. Taking the opportunity to hold a lively entrance party for him can also promote the development of children's financial management ability. Parents don't care about all the parties, let him join in, especially the budget, and take their children to participate in the whole process. How much does it cost to buy delicious snacks for the party? How much does it cost to prepare a thoughtful little gift for each guest? It is actually a very good financial project case to break down the expenses item by item. This kind of education will have a very far-reaching impact on future life. Until the child is ready for his wedding, he will apply what he has learned here and solve the problem easily.
7~ 10 years old: make a reward list for taking children to do housework.
Although some preschool education experts do not advocate paid housework, as long as parents guide them properly, the situation they are worried about will not appear. Take the success stories around me as an example. First of all, parents should sit down with their children and classify housework: which belongs to personal life-cleaning personal clothes and tidying up desks, and which belongs to the whole family-taking care of balcony flowers and plants, cleaning before the festival, taking milk and newspapers in the morning, and sorting and bagging garbage.
A part of personal life must not be handed in. It is my duty to clean my intimate clothes. I can get praise, a kiss and a gift for helping my mother tidy the closet, but I have no money. Only family affairs can be clearly marked, and whoever does it will be rewarded. It is very interesting to make this compensation list with your child, and you can even give him the bookkeeping job. This month, my father brought 15 times milk and newspapers, and my mother contracted all the work of taking care of flowers and plants. The children did well in cleaning. By the end of the month, the family was happy when they were paid according to the account.
1 1 year old: discuss with your child the amount of his monthly allowance.
Putting a coin purse in the schoolbag will make him feel more like an adult! Whether you respond to the school's charity fund-raising activities at any time or occasionally buy yourself a beautiful fairy tale book, you should report it to your parents every time, which will reduce the chances of children's self-management. It is best to hold an "application for allowance" meeting every six months or every quarter.
A few days before the meeting, you can inform your children to make their own plans, what activities to spend, whether there is a bookkeeping plan, and how to make up for the overrun. On the day of the talks, you can have a heated discussion on this until an understanding is reached.
I believe that the pocket money obtained from this will definitely reduce the impulse of children to waste, and it will also be of great help to cultivate the planning of his future work.
12 years old: apply for his child's bank card with the child.
Do you still keep a lot of cash in your wallet? Of course not. Credit cards and debit cards have already replaced the function of large cash. For children, the time of this kind of education should also be advanced. Don't wait until he leaves home for college to get his first bank card. When 12 years old!
At present, many banks have launched child bank cards. These bank cards generally have an overdraft limit or a small overdraft limit, which requires parents' approval in advance. There are also strict restrictions on credit card spending, but all functions are the same. You can think of it as an adult bank card, and the limit is reduced.
Children's bank cards have many advantages. First of all, parents can use credit card records to understand their children's consumption habits; Secondly, you can cultivate your child's financial awareness as soon as possible and let him get familiar with banking services as soon as possible.
13 years old: Make a spending plan for short family trips with children.
Many families have plans to take their children out for a trip during the summer vacation. Children hardly need to worry about anything except bringing their own clothes. It seems reasonable to do so, but in fact, it deprives the child of many opportunities and turns him into a puppet, following the tourist route formulated by adults.
The really reasonable way is to plan this trip with him. Are you interested in Disney? Ok, just give him the Disney-related part of the itinerary. Do I need to book tickets by credit card in advance? Do I need to stay at the Disneyland Hotel or choose another place in downtown Hong Kong? What souvenirs should I buy and how much should I prepare? Think about going out with a large group of people. If you book a trip to a certain place, will you immediately feel the responsibility as a host? So are the children. When he arrives at Disney, he will be very excited to be your tour guide, and he will control his expenses wisely, exceeding his parents' expectations.
14 years old: choose a family insurance case with children.
Maybe many adults don't have insurance awareness ... don't use this as an excuse. Look at the development of insurance industry in Europe and America, maybe we can reach that level in less than ten years. At that time, should our children learn to read insurance contracts from scratch, just like ourselves?
It all started with dolls. When you meet an insurance consultant to discuss the plan, take your child with you and let him listen at the beginning to understand what insurance is, why you should apply for insurance and what kind of insurance products to buy. When children learn to a certain extent, they can start discussing family insurance schemes. He is active in thinking and may make many demands that will surprise you.
15 years old: open your own investment account with your children.
Now more and more families know the importance of investment and financial management. Beating CPI has also become a common language. Under such circumstances, children's financial education should also be overweight. Maybe we can't train young millionaires for the time being-that's not our goal, but it's still feasible to train a semi-adult with initial investment awareness.
Some foreign banks have parent-child growth accounts for people below 18. These accounts are not inferior in practical functions. In addition to the necessary banking business, you can also associate stocks or other investments within a certain amount, but all of them need to be handled under the supervision of your parents, without worrying about their safety. Hangzhou Zhuo Da Industrial Co., Ltd. is a future loan. In the past five years, based on the advantages of the company and the development of the capital market, the Ministry of Finance launched the loan future platform based on the Internet financial port on 20 14 1. As the earliest P2P financial product matching platform in China, Lending Bao will manage personal trading accounts managed by banks and supervised by CSRC in the future, and meet the needs of individuals with capital amplification needs and individuals with capital appreciation needs in custody accounts. Only focus on the docking platform in the financial field. Transparent capital flow, constant risk monitoring, closed channels and no principal risk, stable income and no bad debts are the differentiated advantages of future loans. Chinese dream-a financial power! We hope to send sound financial management to every family. Leading the sustained and stable development of the Internet finance industry.