If you want to cultivate your children\’s financial intelligence, first check whether you have a healthy view of money.

Today\’s parents attach great importance to cultivating their children\’s various \”quotients\”: IQ, EQ, reverse quotient, financial quotient… The so-called financial quotient refers to the ability to manage money, especially the ability to make investment returns. It includes two aspects of ability: one is the ability to correctly understand money and the laws of money; the other is the ability to correctly apply money and the laws of money. The concept of financial intelligence was first proposed in April 1999. Robert T. Kiyosaki, an American real estate and small company investor, and Sharon L. Leicht, a certified public accountant, senior manager and consulting expert, co-authored \” In the book \”Rich Dad, Poor Dad\”. This book shows the completely different views on money and wealth between \”poor dad\” and \”rich dad\”. This book caused a lot of repercussions in American society as soon as it was published, and it is still a best-seller today. Cultivating financial intelligence is quite practical. You must know that many parents\’ expectations for their children are just to have enough food and clothing. If they accidentally cultivate a business genius, they can earn a lot of money at a young age, wouldn\’t it? Does it save parents a lot of worries? However, I feel that with the superficial view of money and wealth that most parents in China have, it is unlikely that they will raise a child with financial superpowers. Five-year-old Xiaobao always likes to hang out in the small shop next to the kindergarten after school. Once inside, they won\’t come out without buying some snacks or toys. Grandma is used to being thrifty, so it gives her a headache to see Xiaobao spend so much money. She complained that the store owner was really scheming to open the store on the way to her children\’s school, but it was just a complaint, and she couldn\’t do anything to other people\’s stores. So, she thought of a good excuse, and whispered to Xiaobao in a mysterious tone: \”You always buy things, and the boss has made all our money away!\” When Xiaobao heard this, he didn\’t quite understand it. What\’s going on? However, he felt from his grandma\’s expression and tone that it was detrimental to his family to have his money taken away, so the sensible Xiaobao rarely went into the store anymore. Grandma’s goal has been achieved, but is it really right to say so? Of course, this is no wonder grandma. Due to the limitations of the times and education level, the old man\’s understanding of money is too superficial, and he even vaguely hates the rich. In China, the status of businessmen has been low since ancient times. \”Focusing on agriculture and suppressing business\” has always been the basic policy of rulers of all ages, not because businessmen are so evil, but because rulers feel that stability is the foundation of rule. Farmers are tied to the land, and stability is important for taxation. source. Merchants were profit-seeking, difficult to manage, and did not conform to the principles of life in Confucianism. Of course, the rulers did not like them. Therefore, the rulers deliberately suppressed them. Ancient merchants were naturally inferior to others. Our grandparents lived in an era when the economy was underdeveloped, and they also experienced a planned economy for a long time. Affected by the general environment, consumption habits can be imagined. If they want to have more savings in their hands, nine out of ten people will invariably think of saving money, while few people want to invest. There is no way, the times have limited their thinking. As their next generation, we cannot remain unaffected. For example, when it comes to spending money, we have been taught since childhood that \”if you spend it, it\’s gone\” and \”buying things is giving money to others.\” It\’s easy to form a mindset, that is,, Spending money is sinful, spending money is useless. When I was a student, I heard a little story told by the teacher in class. The general idea is: there are only three people in a small town, three shops, a shoemaker and a shoemaker\’s shop, a barber and a barber shop, and a washerman and a laundry shop. All three of them had only one dollar, and it would be gone after spending it, but there was no other way. The shoemaker needed a haircut, the barber\’s clothes had to be sent for dry cleaning, and the laundryman\’s shoes were broken and needed to be repaired. After doing this, the three people were surprised to find that they still had a piece of money in their hands, not less, and the shoemaker did not have to wear long hair, the barber did not have to wear dirty clothes, and the laundryman did not have to wear shoes. The teacher used this simple story to illustrate the benefits of circulation. This story shocked me to the core, and what it meant to me was that it taught me that spending money is not necessarily a bad thing. Therefore, I won’t have the same worries as Xiaobao’s grandma. When my child wants to buy something, I need to control my child\’s desire to buy, instead of complaining that the boss chose such a convenient location. How convenient it is to have a convenience store at your doorstep. It adds convenience when purchasing items. No one wants to go across the store and go to a wholesaler every time they buy something. When dealing with my children, I can still feel that our concepts of money collide with each other all the time. I once refused Baoduo\’s request to buy toys. I thought that the price of a palm-sized doll was nearly three hundred yuan, which was beyond our affordability. Moreover, he already had several similar dolls. I told him that this toy was too expensive and beyond my budget. He gave up feeling a little disappointed and didn\’t say anything. After a while, he wanted to buy a toy again and asked me: \”Mom, is this cheap? Can I buy it?\” If I simply said yes, it would make him think that buying cheap things is the right thing. I feel it is necessary to take the opportunity to speak some truth. I said, \”That\’s not to say, it\’s either cheap or good. When we buy something, we usually have to ask ourselves, first, is it really necessary? Second, is it beyond our financial affordability. And That is, if this thing is of high quality and low price, it is definitely the best. Most of the time, good things are a little more expensive. As long as it is necessary, it doesn\’t matter. The last thing you can\’t buy is that although the price is cheap, the thing is not good. If you buy it and it breaks within two days, that is a real waste.\” He nodded in understanding. Next time he wanted to buy something, he would first ask: \”Mom, is the quality of this good?\” And I would also ask. : \”Do you really need it?\” When I can\’t afford it, I will tell him directly that we can\’t afford it. I won’t give any nonsense reasons, and I won’t criticize him for not knowing how high the sky is and how high the earth is. When I hope that he will save money, I will say that saving is a virtue and that saving can be used for emergencies. I will never talk to him about how hard it is for parents to make money. There are few things in this world that are not hard work. There is no need to let your children suffer for your hard work. In fact, my own financial intelligence is not high, I am just continuing to learn. For my child under five years old, what I am currently doing is: 1. Give him a little pocket money every week. Let him completely control himself and buy whatever he wants without interfering at all, but he will discuss with him whether what he buys is reasonable and a good deal.. 2. Give him some opportunities to make money, such as paying him to do some work. The biggest feeling that children have now is that working and playing are different. For example, playing with water is just playing with water, which is relaxing and happy. The biggest responsibility is just to return all the equipment to its place after playing. But doing laundry is different, there are all kinds of things to pay attention to, and it’s very tiring. 3. Give him a piggy bank. This will teach him the benefits of saving. He doesn\’t seem to have this awareness. Often when he wants to buy something, I remind him that he has savings, and he remembers his money. No child\’s education can be achieved overnight, and the same goes for financial intelligence cultivation. I should improve my own financial intelligence first, and then take my time with my children.