
It's a beach day. Luckily, it's one of those places where the music is low and you can enjoy a quiet vacation...
From the nearby tent, I hear a girl approaching the vacationers: "Do you want some summer bracelets? I make them myself."
I was impressed and I paid attention to her...she went from tent to tent...but she didn't have any bracelets with her...She was just taking orders😊
Then she returned to her tent and gave orders to her grandfather that she would return to the city that night.
"-Grandpa, you have to go to x store in town and buy me a box that has the tools to make 15 bracelets.
"I have 10 of them ordered today, so I have secured the amount I have to give you. As soon as you bring me the box, I will make them, sell them, and give you the money immediately."
How much I loved that child, her desire to create, to do business, her courage to talk to beach "clients", and her business plan.🤩
We adults often leave children out of conversations about work and money, especially those where it should be made clear that work is the best, honest, and safe way to earn money.
But actually, it would be good to teach children about money.
There are several reasons for this.
When children learn to understand the value of money and how to manage it, they grow up to be more responsible and aware of their spending.
Financial education from childhood helps them avoid bad habits, such as excessive spending or unnecessary debt.
The skills to save, budget, compare prices, and make smart purchases are valuable throughout life.
When we explain to children how we adults work to earn money, we teach them to appreciate what they have more. We need to convince children that money is a means to fulfill needs and desires, not the sole purpose of life.
Yes, how can we do this?
Let's start with simple concepts, like the difference between saving and spending. We can give them a weekly "budget" to manage themselves and help them think about how to use it. It's good to involve them in small purchases, asking: "Do you need it or want it?"
Once we are convinced that they have the attention and ability to follow our conversation, let's talk to them openly about the importance of work and how money is earned.
It would be good to teach children to be generous and help others by giving away a portion of their savings.
How do we do this? For example..we ordered three summer bracelets today, tomorrow our beach friend will come to us, she just made a profit from her handmade creations🤩