Discover the world of finance with your children

Discover the world of finance with your children

Financial skills are key to your children's future. Provide them with the tools for self-realization.

Every child has a unique potential that deserves to be developed. Learning financial and social skills will help them not only in everyday life but also in building confidence in their own abilities. Fun activities and interactive discussions can help them better understand the value of money and how to handle it. In this way, children will learn that money is a tool and not a goal.

Interested in this topic? Read more: How Social Skills Help Children Ages 7–9 Build Basic Financial Thinking Want to find out where you stand personally? Take a short test at the end of the page and gain a better understanding.

How does this apply to you? Choose the answers that describe you best:

Imagine that you have a magical coin in your hand. If you could use it only once, what would you spend it on?

Choose the answer that best describes you.

Imagine that you have opened a mysterious chest full of coins. What will you do with them?

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If you could choose, what way of earning money would you like the most?

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If you had the opportunity to create your own banknote, what would be written on it?

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If you could spend money on only one of these things, what would you choose?

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Imagine that someone gives you five coins every day. What would you do with them?

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Imagine you have a magical piggy bank that always returns what you put into it. What would you put in it?

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Imagine that you opened a small shop where you sell something you know how to make. What would you sell?

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If you could decide what role money plays in life, what would you choose?

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Imagine that you have the opportunity to invest money into something that will later bring you more. What would you invest in?

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7 – 9 years: Basic financial thinking

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