Money education for Chinese children

Author: Yang Changjiang
Publisher:
Publish Date: 2002-04-02
Features: This book discusses the development of children's awareness of money, which can be roughly divided into six stages:
Stage 1: No awareness of the functional value of money: Views money as a toy, a piece of paper that can be freely manipulated.
Stage 2: Vague awareness of the functional value of money: Does not recognize money but knows it can be used to exchange for things. No conscious buying behavior.
Stage 3: Simple awareness of the functional value of money: Can recognize and calculate the value of money, understands that money can be used to buy things, and exhibits more conscious buying behavior.
Stage 4: Complex awareness of the functional value of money: Recognizes the multiple material exchange functions of money.
Stage 5: Comprehensive awareness of the functional value of money: Recognizes both the material exchange functions of money and its spiritual and social functions.
Stage 6: Innovative awareness of the functional value of money: Possesses the conscious awareness of using money to achieve monetary value appreciation. Money can increase over time.