Parents must: teach their children how to manage money from themselves.

Parents are children's first teachers, and your consumption habits and children are silently observing. If you want your child to learn how to manage money, you must first start from yourself!

Be frugal and set an example for your children.

Parents should set an example of diligence and thrift for their children, and don't waste money in front of them, so that children will know how to cherish every penny.

Pocket money should be moderate and sufficient.

Teaching children how to allocate pocket money reasonably, books and school supplies are the first choice, not eating, drinking and having fun. Let children understand that money is limited and learn to allocate it reasonably.

It is safer to give the lucky money to adults for safekeeping.

Tell children that the lucky money is safer for adults, and the money will be used in more meaningful places, such as their education and future.

Refuse to compare, progress is no better than material things.

Parents should educate their children to refuse to compare with others. Good study, good habits and good quality are really worth pursuing. Don't let children indulge in material pursuit, but pay attention to internal improvement.

Cultivate children's financial management concept

Parents can cultivate their children's financial management concepts, learn to plan consumption, and only buy useful ones. Cheap and useless are also wastes. You can give your child a bookkeeping book to record every expense, so that the child can learn to manage himself.