Financial education for children: when to start?

Children and teenagers are starting to learn about the value of money. It is increasingly common to find young people interested in the investment market, and with free access to information via the Internet, the need for financial information is growing. Therefore, check out in this article the best time to start introducing the topic of financial education for children and young people.

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When to start talking about financial education for children?

Talking about financial education has become more common between parents and children. In today's world, where younger people are increasingly concerned about money, it is essential to teach them how to spend safely and responsibly.

The main challenge for parents is to guide their children in a didactic and understandable way from an early age. Although many families still believe that education should only take place in schools and universities, and that they do not need to worry about financial education of their children, this dynamic has been broken, and parents began to take the place of teaching this subject to the children.

What is the ideal age?

Studies prove that even young people know how to do calculations, the mind of an individual who is not used to thinking accordingly with a financial education, differentiating costs in their day-to-day life, it is more difficult to understand this aspect when adult.

In this sense, it is possible to affirm the need for financial education from the age of five, contextualizing the learning through didactic instruments that allow children to understand economy, consumption, work and life professional.

The idea, therefore, is that financial education for children aged 5 to 10 can free them from future financial traps, teaching them to recognize their own needs, understand how the business world works, and take responsibility for their own needs. choices.