Among the things a person must have to know manage your income, is found the financial education. And it is that having it will help us to know what to spend and what not to spend on when it is time to use our savings, and of course, knowing how to save.
A reality is that, in Mexico, it is not very common for people to have a good financial educationmuch less the habit of saving. And it is that we usually spend a lot on things that are not necessary or buy things that are out of our budget.
Therefore, it is good that people have a good financial education from childrenand learn to save from a young age, so that when they are adults, they do not have these problems.
The Consumer Magazinein its issue for this month of April, shares some Tips for children to learn to take care of their money and in the future they are not involved in problems of this nature.
In the Consumer Magazine it is explained that managing money is knowing how to organize your “Sunday” or the money that parents or relatives give to the little ones. As an example, it is mentioned that if a child has 100 pesos, he cannot buy what he wants, because it will not always be enough. “The best thing is that you decide what to buy first, what later, if you really need it, in addition to saving the money that you have left over,” she reads.
The prophecy it also points out what a goal is. “When the saving is made with a specific objective It is called a goal, that is, the end to which all your actions are directed to save or save your money, ”says the agency in the magazine.
On the other hand, he points out that saving is when you save a part of the money you haveto use it in the future, for some expense that was not planned, to buy something that you want, or to give a gift on a special occasion. “It is easier to achieve your goals when you know what you want and how to achieve it,” says Profeco.
The Profeco points out some characteristics that the little ones must have with their goals:
Be realistic. At this point, it is explained that the goals should be able to carry them out in a short timeor otherwise, you will feel frustrated when considering something that you will hardly be able to make a reality.
Define in time. It is explained that you can set goals for a short period of time, for example, a month; medium term, for example in six months; or long-term, that is, one year.
specific. At this point it is explained that The clearer you are about what you want, the better chances you will have to focus your efforts to achieve it.for example, buy some markers, a book, a ball or a bicycle.
That they can be counted The prophecy recommends that in a table you write down how much money you have, count it and see the progress.
In her text for children, the prophecy explains that in order for them to better understand how money management works, they show an example to buy a basketball. In it, a table is shown, where the amount that is had, the money that is spent, the money that is saved, the money that is missing to buy the ball and the time to reach the goal are recorded.
“If you save $100 a month it will take you 2 months to be able to buy the ball. However, if you receive extra money, for example for your birthday, you may be able to meet your goal in less time. What do you say, do you dare? ”, It reads.
The recommendations that Profeco gives to children so that they learn to manage their money are:
Reflect: about what you want and why you want it.
Compare prices: of the product or service that you want to buy in different stores.
Don’t be afraid to have different goals: either to those of other family members or friends.
Be patient: you learn to wait and save to buy what you want will help you understand the value of money.
Be strong in the face of temptations: avoid buying just because something caught your attention, remember that every decision you make will impact the goals you have set for yourself.
Lean on your family: Look for allies at home, people with whom you feel comfortable and trust to guide and support you in achieving your goals.
