Learning to manage money is one of the key aspects of adult life. How in your view can individuals best learn to manage their money ?

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days the global economy is not stable because of many causes ,
for example
, civil war, climate change, and politically unstable in many countries. So one of the most important
skills
is basic financial concepts and in
this
,essay we will consider two main effective ways to learn how to manage your
money
,especially in children.
Firstly
, learning from others' experiences ,particularly from parents. Parents should be role models for their kids about how to plan the cash that they have.
Moreover
, not only tell them how to do it but
also
make them conceive the fundamental knowledge about the value of
money
.
For example
, the mother should bring their child to the market and show them the process of buying things and let them do it by themselves sometimes or the father portrays how to pay the electricity bills and give them a main duty in the house at the proper age. By doing
this
, their children will have good habits and more patient
then
every problem can go through them smoothly because they were trained before.
Secondly
, adding financial literacy to the curriculum in schools and using the educational system as a tool to establish a standard for students. Obviously, pupils will receive a similar data set which is knowledge and
skills
about how to make
money
decisions in their life.
Furthermore
, teachers could create some activities,
for instance
, monopoly games, and shopping mall stimulation to train scions to decide other words to spend their cash appropriately. To conclude, financial
skills
are vital
skills
that everybody should know not only children. Because if you manage your
money
strictly, you will be a wealthy person in future.
Nevertheless
, you can access all of the resources and can step into the social mobility stage easily.
Submitted by pnchanikan on

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