Tips Teaching Children To Manage Finance

Child Savings (Pixabay)

JAKARTA - Parents can introduce ways to manage finances to their children from an early age. Alsi Mega psychologist Marsha Tengker or familiarly called Caca Tengker introduces how to manage finances to her two children in an easy way.

One of the ways used is to explain which items are useful and a priority to buy first. Gradually, children will understand the basis of financial literacy, namely being able to distinguish needs and desires.

Caca also said that it is difficult to provide understanding of the concept of value of money to their children, because this is something that cannot be held or seen directly.

So the best way according to Caca is, parents must be able to set an example for their children. If parents really want to direct their children not to be wasteful when shopping at malls or when 'flank eyes' see content on the internet, parents must be able to set an example by not shopping impulsively.

By introducing financial habit to his son, Caca emphasized that this will affect the nature and behavior of his children when they grow up.

"I believe that by providing knowledge correctly, we can help children understand how to get something and definitely need money and can't continue to follow their wishes, so children can be wiser in managing money, they can also distinguish need vs want," said Caca Tengker, quoted from ANTARA, Monday, July 24.

Preparing for the future of children is the obligation of parents, both mentally and financially, to ensure they get the best education in the future. In fact, according to him, it is also important to involve children in financial planning for their education if they are old enough.

"We can explain what the needs are if they want to go to school in the place they want. Make sure parents involve their children so that they have a role and have a sense of responsibility for their choice. For example, if I provide several school options, later the child himself will choose one of these schools," said Caca.