A good and correct view of money is a child’s lifelong wealth

When children ask their parents about money-related questions such as “Are we poor?” Parental Difficulties. Money is a sensitive topic at all times, so almost all families don\’t talk openly about money with their children. However, children are naturally full of curiosity. The more hesitant and hesitant, the more likely the child will get to the bottom of things. In the process of raising our children, we allow them to receive a variety of knowledge, skills and moral education, but we neglect their money education. In fact, we must be honest with our children whether they have money or not, because in the future, regardless of whether they have Whether you are rich or poor, it is very important to have a good outlook on money. American best-selling author Ron Lieber, in his book \”Anti-Spoiling\”, not only points out the necessity and importance of talking to children about money, but also tells us how to talk to children about money. Ron Lieber is a personal finance columnist and best-selling author. He is also a Jewish father and has focused on researching children\’s education and financial enlightenment for many years. After more than ten years of contact, interviews, and research, he opened a column in the New York Times to discuss the topics of children\’s education and money. \”Anti-Spoiling\” is a unique financial and business book. Every quotation and case in the book is true. The author answers many important questions about money in families, from discussions on financial habits, consumption principles, and values. It has been on the best-selling list of American and Asian financial and business education books for three consecutive years since its publication, and has received strong promotion from Forbes magazine and the Chicago Tribune. An important point made in this book is that money is neutral and is an important educational tool that can be used to cultivate values ​​and good character in children. Let\’s go into this book and see what kind of financial education the author brings to parents, so that we can solve various problems in children\’s view of money and cultivate a \”rich\” and happy child. Financial education is an essential lesson for children. Every parent hopes that their children can live a good life and not suffer from poverty. Nowadays, living standards have generally improved, and most families can meet the basic material needs of their children. However, some parents are beginning to worry that if their children can just reach out and get money to buy whatever they need, and no longer have to rack their brains for money, sweat and plan, will this make them feel that everything is taken for granted and cannot be done? Do you understand how difficult life is and how hard-earned money is? So when it comes to money issues, many parents remain silent. The biggest reason is that they are afraid of raising spoiled children. In fact, it doesn\’t cost much at all to spoil a child. The so-called spoiled children all have some common characteristics, such as rarely sharing housework or other responsibilities; not having many behavioral and daily routines; parents or others giving them a lot of attention and assistance; owning a lot of personal belongings, etc. It can be seen that these spoiled behaviors have little to do with money. The opposite of spoiled is that every parent hopes that their children will become pragmatic, decent, generous and other people with beautiful qualities, but these qualities can be improved with the right Money Conceptto cultivate. Then we can safely talk about money with our children, which is very important and necessary for cultivating children\’s values, practical ability to deal with money, and personal ideological and moral character. The author was attending a seminar where a high school sophomore gave a keynote speech in front of at least two thousand people. He called on adults not to ignore the money questions that children keep asking. Because doing so is completely irresponsible and blatant age discrimination. On the one hand, children have a need for money knowledge and are eager to understand money; on the other hand, children\’s lack of financial knowledge urges us to further help them improve their financial intelligence. So how do you start talking to your kids about money? The most important thing is not to avoid and lie. When 13-year-old Kaden was playing on the computer, he logged into a salary survey website, entered his father\’s occupation as \”financial planner,\” and then calculated a rough annual salary figure. In fact, that number is not accurate because the father\’s annual income is not fixed. But Kaden took this discovery as true. In order to verify the accuracy of this data, he ran to confirm with his father, hoping that his father would give an accurate answer about his income. Strangely, my father, a financial planner, could easily make financial plans and discuss his money expectations and dreams with any stranger, but when his son wanted to have an honest money conversation, he didn\’t. I have been avoiding telling the exact income. There are many parents like this, and it is completely understandable. Maybe you don’t know where to start, maybe you have other financial concerns, or maybe you think your child is too young to talk about money. Therefore, avoidance and lying have become common tactics used by parents. In fact, this is a missed opportunity to talk to children about money. If they don’t get the correct answer from their parents, they will look for it elsewhere, and may take many detours. The author\’s advice is to understand why your child is asking questions and to listen carefully to your child\’s questions. When dealing with any money issue, start by asking your child why they asked it, and use an encouraging tone whenever possible. Because children may be just curious for a moment, or they may have some kind of fear of poverty. What they really ask is not how much money the family has, but they want to make sure that there will not be too many problems or changes in their lives. How much is too much? How much is enough? When can you start doing something? Children often ask these questions out of curiosity, and parents cannot fool their children with random answers. How much money parents make and how they make it is one of the most critical things in life. So even the lowest level of covering up, remaining mysterious or silent is not right. If parents can talk about money with their children, answer their questions honestly, and tell them the appropriate conditions for using money, then it will be natural for the children to know their parents’ income, and they will not be surprised or feel that knowing this is a matter of course. kind of special treatment. Talking about money means talking about value. We can see a person\’s values ​​from his money. Money can be an educational tool, even just a dollar, and if used wisely by parents, it can instill in our children the values ​​we want them to uphold. Curiosity, patience, frugality, moderation, have their own opinions. As long as parents provide good guidance, every child can develop these qualities. Carry out financial education and let children learn to manage money from an early age 1. Giving pocket money is to cultivate children’s patience. When it comes to money, I believe that giving pocket money to children is a very common phenomenon and a headache for many parents. Pocket money allows children to learn spending and saving, a skill that cannot be learned in other ways while growing up. But parents must know how to give pocket money to their children in order to get the most out of it. The advantage is that it can cultivate their patience. Use pocket money as an educational tool to teach children to wait. Finding ways to learn to delay gratification is the key to using money properly. But when kids are young and don\’t have credit cards, saving money to accomplish a big thing or buy a fun thing still has to wait. Patience is strongly linked to good financial health in children as adults. For example, if a child wants to buy a new toy, he needs at least 200 yuan. Parents can set the daily pocket money at around 10 yuan, and let him save 200 yuan in about a month, and then go buy it. There is no need to buy it for him as soon as he asks. Instead, delay gratification and let him raise enough pocket money before buying it. Here you can teach your children the concept of saving money. We can prepare three transparent jars for our children, representing consumption, donation and savings respectively. Separating money like this is to let children develop the concept that some money can be spent directly, some money should be given to people who need it more than us, and some money should be saved for later use when needed. The toys that a child gets by saving his own money must be better than those bought directly for him. He can gain a sense of accomplishment with this new toy because it is achieved through his own efforts and restraint from spending his pocket money on other aspects. The cultivation of patience is crucial, and restraining shallow desires is also very necessary for children. Many research reports have shown that children who can delay gratification have good self-control. When these children become adults, they can basically get the respect they deserve in society, and their financial status and personality reputation are much better than those of children who cannot bear to wait. Being able to restrain shallow desires since childhood will make you more able to resist many temptations in life when you grow up, so that you won\’t regret it later. 2. Cultivate consumption awareness and distinguish between wants and needs. Children cannot resist temptation. They often want something when they see it and like it, without knowing whether it is useful or whether they will buy it again. Won\’t like it. But if we don’t give them independent control over their money, they will keep pestering their parents until they buy it. However, when we put control of money in their hands, they must learn to think. Once money buys one thing, they can\’t buy another thing. They have to think about how to spend the money. By comparing various aspects such as the object\’s usefulness, price, and your own preferences, you can then evaluate which item is more suitable to buy and learn to make trade-offs. This not only exercises their thinking ability, but also makes them understand not to be too greedy and learn to give up. In reality, it is impossible to get everything you wantof. Spend your money on items or experiences that bring lasting happiness and memories to truly gain pleasure. The things we “need” keep us alive, and the things we “want” make our lives more interesting and comfortable. But no matter how much or how little money we have, we should teach our children to learn: first, \”need\”, and then \”want\”. Pay attention to cost-effectiveness when buying what you need, and pay attention to happiness-output ratio when buying what you want. Scientist Matthewson proposed a consumption method for calculating the happiness-output ratio. She started by asking the child to estimate how many hours of happiness each dollar spent on whatever item he wanted would provide him. She made statistics on the children\’s toys. Although Tigger or the mechanical dog attracted the child\’s attention, it did not last long. Meanwhile, the cheapest toys, like a cash register and a dollhouse, kept two children entertained for hours. The dollhouse eventually fell apart, but the cash register lasted for many years. The calculation result is that Cash Register ranks first, with 185.5 hours of play per $1; Tigger is the least cost-effective, with only 0.08 hours of play per $1. Years later the child discovered that the best deal was playing cards. As long as you don\’t lose the cards, a deck of playing cards can last a lifetime and cost no more than $2. This method of calculating happiness-to-outcome ratio is particularly useful for non-daily necessities, things that are usually “wants” rather than “needs.” It can help children learn to choose between different items and spend money in the right place. Cultivating a correct view of money is actually about cultivating children’s correct values. When we openly talk to children about money issues, we actually guide them to develop good values, morals and character by establishing a correct view of money. Because every money question is related to values, such as giving and generosity, work and perseverance, and these good qualities are exactly what we want our children to have. 1. Cultivate the quality of generosity in them through donations. If we want our children to learn generosity, donating should not be ignored. The author believes that you should talk to your children about donating as early as possible, because from a very young age, children can experience the joy derived from generous acts. It is something that parents can be proud of when their children can see other people\’s situations with caring eyes and be moved and want to take action. When 4-year-old Nora saw a homeless man on the street, she asked her father if she could give him a house to live in. Most people will have similar experiences, but the questions asked by children will be different. Children may ask why we give money to people who reach out to us for money, or why we don’t give it to them. For parents, moments like this are always particularly sensitive. We are actually at a loss as to how we should explain this complex issue to children of different ages and how we feel about beggars. It would have been easy for Nora\’s father to ignore his daughter\’s problems or come up with a high-sounding explanation. He could lie and refuse, he could tell the truth and promise his daughter to help the homeless, or he could avoid the question and tell his daughter that her idea was really good, but they needed to discuss it again. But none of these answersFasatisfied, Nora just wanted to know if she could bring this man home and improve his living conditions. Nora became frustrated when her dad couldn\’t respond appropriately in the moment. At this time, my father came up with a way to raise money for these homeless people and send them back to their homes. They went around the apartment complex where they lived to raise funds and collect other people\’s change. Then they went a step further and formed an organization called Pennies Together, which has raised $10 million from children and others since then. This doesn’t mean that we need to run or start an organization every time a kid asks a big, shocking question. But it’s a reminder to empower kids to explore deeply the impact money has on their lives. You don\’t need to have a lot of money to feel happy and joyful. How much money is enough? It\’s a trade-off. Some people choose to keep all their money for themselves, while others choose to do charity to help more people. The act of donating can remind children to think about what ideals they want to support to make society a better place. 2. The meaning of work is also to let children know the meaning of money earlier. Knowing the importance of money and knowing how to spend money is not enough, you must also know how to make money, so let your children do some work to make money. Many parents mentioned that many children like to recycle bottles and cans in exchange for money. The book mentions that Julie\’s two children were like this. They were deeply attracted by the idea of ​​collecting scraps in exchange for money. Every time they collected a certain amount, their parents would fill the trunk and drive for 20 minutes to collect the scraps. Take it to the recycling bin and sell it. Collecting bottles and cans in exchange for money is just the most basic economic behavior. Children all like to work and make money, but parents don’t seem to support their diligence and are unwilling to help their children find new ways to make money. Collecting bottles and cans proves that children are attracted to it simply because it requires no skill or experience. People of any age, as long as they can find a recycling center, can do recycling work and make a little money from the waste they collect. The more they collect, the more they earn. Earning money makes children feel like adults and also proves to adults that they can start doing adult things at a very young age, earlier than parents think. Therefore, the responsibility of parents is to inspire their children\’s instinct to work and make money, and to see how far this natural diligence will take their children. Parents can assign bigger tasks and better jobs to their children at home. Parents should allow their children to work hard and labor for the way they choose to make money. Work is a child\’s instinct. Children can learn professional qualities while working, such as listening, developing themselves, cooperating with others, going all out, and doing something well from beginning to end. These excellent qualities are enough to transform children. The above is the essence of this book. Every one of us as parents hopes that our children’s lives will ultimately be oriented toward happiness. Many times we think that material things can bring everything, but in fact things often backfire. In this life, what you center on will determine how you live your life. How many people pursue money all their lives and invest their time and energy in it, but in the end they will only be tired of money?. In this world, the measure of a person\’s success is not how much money you have, but the quality you embody, your responsibility and responsibility, and even how deep your understanding of the world is. Money is not the purpose of life, but a means to create a better life; the ultimate goal of getting rich is not to get rich, but to use wealth to realize the ideal of life. Only by truly understanding the correct concepts about money can we actively make money with a normal heart, manage our money reasonably, and prevent our mental bankbook from being overdrawn. Money is just a tool. If you manage your money well, you will have more space to do the things you like to do. If a happy life depends on the sensory stimulation brought by money, you will soon return to the original boredom and tedium. We can understand our true needs and desires through money, use money to create lasting happiness and satisfaction for ourselves, work hard to make money instead of being earned by money, and create wealth instead of being transformed by wealth. Only in this way can we become the masters of money. Get the password to happiness in life.