Finance Lessons for Kids during CNY

During this festive season, it is also timely to give the kids especially the pre-school some finance lessons. Kids will get lots of angpows and pocket money during CNY. For my kids, i involved them in the filling in the money into the angpows and take the opportunity to teach them the different currency notes.

Counting is also possible by letting them to count the angpow packets that they received throughout chinese new year. Open savings accounts for the kids in terms of bank accounts, gold savings account or unit trusts.

We should teach our kids financial knowledge from early age so that they know to take care of own financial and reach financial freedom as earlier as possible. However, as kids nowadays are privilege lot with a lot of wants have become their needs, making them to understand the financial IQ is important.