From Pocket Money to First Fortune - How to Cultivate Your Child's Financial Literacy and Entrepreneurial Skills

Author: Liang Zhixen
Publisher:
Publish Date: 2007-02-01
Features: As a parent, do you feel it's better to delay exposing your child to money? Do you often worry about these issues: Should you give your child an allowance? How much allowance is appropriate? Should you let your child know the family's financial situation? How to deal with blind comparisons among children? In this book dedicated to discussing how to cultivate your child's financial literacy from a young age, the author provides specific examples and specialized methods to address the problems that parents, guiding parents to give their children allowances scientifically and reasonably, teaching children to learn budgeting, saving, and making their own consumption decisions through the use of allowances. The book helps children learn to identify the misleading nature of commercial advertisements, avoid the negative impact of peer comparisons, and develop the skills of saving and investing from a young age, fostering an entrepreneurial spirit and social responsibility through social practice. Cultivating financial literacy also cultivates entrepreneurial ability.