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Instilling financial literacy and responsible money management skills in children is a vital part of their educational journey. Yet, the pervasive influence of media and advertising often exposes young minds to materialistic values and impulsive consumption. As guardians of their development, it is our duty to empower children with the essential tools and understanding to make wise financial decisions, enabling them to navigate the complexities of money management with confidence and discernment. This can be achieved by:
Fostering a healthy relationship with money
Encouraging saving and budgeting habits
Teaching the value of delayed gratification
Promoting mindful consumption
Encouraging financial goal-setting
By doing so, we can help children develop a strong foundation for financial responsibility and a lifelong appreciation for the value of money.