Financial Literacy for Kids

Buying gifts for kids is an engaging pursuit, because it gives you so much of joy. What will you gift your kids – for a lifetime?

The hampers and stockings full of toys and sweets will disappear in a week. You know that Santa does not come on a sledge driven by reindeer, assisted by elves and loaded with gifts. 

You are the real Santa in their lives, to solve their problems and guide them in the right direction. For how long will you remain around?

I hear you say you are giving them education to build their life on. The education system does not even prepare students for a successful career or business, leave alone life.

It reminds me of a powerful statement “Let education not come in the way of your learning.” Learning is not happening in school. It is happening on Youtube, apps on the phone, online games and online learning sessions. Television and books do shape children but to a lesser extent than say a decade ago.

ARE YOU HAPPY WITH WHAT YOUR KIDS LEARN EVERY DAY?

They eat, they play, they study and they spend time online every day.

How much of it will serve them in the long run? 

How much time do you think they should devote to develop atomic habits that will serve them well in the long run?

HOW IMPORTANT IS CHILDHOOD IN SHAPING LIFE?

The story of every successful person begins in their childhood. They have retained the good lessons learnt. Or negative experience shaped their determination to break out of the rut, and build a life for themselves.

The same goes with unsuccessful and miserable people too. They blame it on the kind of childhood they had, and complain about lack of opportunities.

When I see a child win accolades on a reality show, I think about the parent who helped them make a choice – to forego regular routines and evolve into something better. For every step they take towards fame, they give up something other children in their age group enjoy.

CHRISTMAS GIFTS FOR KIDS

A new habit is a gift. The first step in the right direction is a gift.

Let them eat the candy, and then indulge in developing financial awareness.

RECOMMENDED YOUTUBE CHANNEL

FINANCIAL EDUCATION VIDEO SERIES BY NCFE INDIA

It is a series of 21 videos

FREE BOOKS ON FINANCIAL LITERACY FOR KIDS

1. RBI RESOURCES

https://www.rbi.org.in/FinancialEducation/SchoolChildren.aspx#top

2. FREE RESOURCES ON VIKASPEDIA

https://vikaspedia.in/social-welfare/financial-inclusion/financial-literacy/financial-literacy-for-children

3. RUPEE TALES BY ZERODHA

https://rupeetales.com/

GAMES AND TOYS – NOT FREE 🙂 

THE GAME OF LIFE by Funskool

https://www.hamleys.in/product/funskool-game-of-life-490530034

(MoneyGoalz does not earn any commission on sale of this product)

MONEY SKILLS ARE NOT ENOUGH – GIVE THEM LONGER LASTING CHRISTMAS GIFTS

Money is important.

Money gives you more options.

Yet, the manner in which you acquire, spend or save money reflects a value system.

Ethics, values, mindset are all important for your kids in relation to money.

More on this later….

FINANCIAL LITERACY COURSES FOR KIDS

If you wish to enrol your kids in online financial literacy programs, write to us at 

moneygoalz1@gmail.com or 

info@moneygoalz.com

with the age group of your child and the topics of interest. 

Kids below 12 years of age

  • Goal-setting
  • Needs and wants
  • Inflation
  • Budgeting

Kids above 12 years of age

  • Financial System 
  • Banking
  • Loans & Credit Score 
  • Insurance
  • Capital Markets
  • Goal-based investments

We can customise a financial literacy and life skills program, for a minimum batch size of 10 students.

Wishing you all a Merry Christmas!

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