Children’s Day: Here’s how to talk about financial education at home

The expert explains the importance of financial education in the lives of children and how to approach the subject in an educational way

For those who have young children at home, the arrival of Children’s Day can be a great opportunity not only to create fond memories with the little ones, but also to teach them financial educationa very important topic for your future.

Starting to learn about finances from an early age helps children make informed decisions, develop healthy habits with money and face the challenges of adult life with greater confidence, explains SuperRico financial planner Taís Magalhães.

“The idea is that children experience situations close to everyday life, so that they can consolidate the contents in a practical way. Teaching children to manage money goes far beyond simple calculations. It’s about preparing them to face the reality the scarcity of resources and learn to make intelligent choices, necessary both for money and for other aspects of life, such as time and attention”, he says.

How to teach children financial education?

According to Taís, one way to approach financial education with children is to include them in the family’s financial matters. “Example is the best way to teach. Participating in household financial decisions, such as planning a trip or buying an expensive gift, is a way to show the importance of saving and planning,” says the expert.

Additionally, celebrating financial achievements as a family helps create a positive image, making children see it as something challenging but rewarding. When children learn, for example, the difference between want and need, they are more likely to develop essential skills for adult life,” Taís emphasizes.

One of the biggest challenges is teaching that resources are limited. “Children need to understand that they won’t be able to have all the toys or go on all the trips they want, and that this is a natural reality of life,” explains the organizer. This teaching is essential so that they learn to deal with frustrations in a healthy way and develop the ability to prioritize what really matters.

Understanding the importance of making smarter, more conscious choices, children apply this reasoning not only to financial management, but also to other areas of their lives, such as time management, where they learn to value activities that bring more meaning, and in personal life. relationships, where they come to understand the importance of balance, patience and respect.

Avoid common mistakes

Avoiding certain mistakes when talking about money with your children is crucial to their financial and emotional development. Treating money as an unlimited resource or devaluing the effort needed to earn it can lead to an education that creates children without an awareness of the value of work. On the other hand, instilling an excessive fear of lack of money can generate a problematic relationship in adult life, leading to excessive attachment behaviors or impulsive spending, as a way to compensate for emotional trauma.

Coherence between the speech and the example given by the parents is also fundamental. “Parents who talk about saving, but maintain uncontrolled consumption habits, fail to give a coherent lesson. Balance is essential, showing children that it is possible to enjoy life without depending exclusively on money”, comments Taís.

Financial education for children goes beyond financial management. It’s about teaching choices, life and the future. Both school and family play a fundamental role in the education of children who will grow up prepared to face the financial challenges and responsibilities of adult life. “A child’s financial future begins with small choices in the present,” says the financial planner.

Source: Terra

Ben

Ben Stock is a lifestyle journalist and author at Gossipify. He writes about topics such as health, wellness, travel, food and home decor. He provides practical advice and inspiration to improve well-being, keeps readers up to date with latest lifestyle news and trends, known for his engaging writing style, in-depth analysis and unique perspectives.