Yin Lishan, a 43-year-old mother with two mixed-race children, is also a corporate executive. In family education, she never shy away from talking about money with children, and she advocates that children learn to "earn money, make money, and come to money", because she feels that the future society will need children's business insight more and more.
In life, Yin Lishan often creates opportunities for children to "trial and error". She encourages children to try and make mistakes in a variety of scenarios, including regular quotas for pocket money, encouraging them to work during the holidays to earn money, and stimulating children's desire for money. In the process of trial and error, not only did you find your child's interest, but sometimes you will have unexpected gains.
In addition, there is a very important concept in financial and business education, that is, "the time value of money". This is a bit abstract for children, that is, the value of a dollar today is not the same as a dollar a year later. So what is the right way to help children understand the "time value of money"? Yin Lishan shared her good way to help her children get a bank card and let them see what interest is all about.
Since financial and business education is so important, what kind of way should we learn it? Is there any good way in life that children can easily improve their financial management ability?