Lucky money is not only the blessing of elders, but also carries culture and tradition. Explore the story behind the lucky money with children and understand its true meaning. This article will provide you with some useful financial skills to help you plan how to use this "huge sum" with your children and make the lucky money more valuable.

Make a lucky money plan

Plan how to use the lucky money, school supplies, piggy bank or small entertainment with your children. Reasonable distribution makes lucky money more valuable.

Wisdom of saving

Tell children that saving money is not only saving money, but also paving the way for the future. Learn how to deposit in the bank to make the lucky money more "money way"

Wise consumption

Distinguish between needs and desires and teach children to make wise choices when shopping. Make a shopping list together to make consumption more planned.

Cultivate financial experts

Bookkeeping and budgeting, so that children can learn to manage their own coffers. Use mobile APP or manual bookkeeping to easily record income and expenditure.

Supervision and guidance

In the process of children using lucky money, parents should give appropriate supervision and support. Make sure they spend as planned, while respecting their choices.

Adjust on demand

With the growth of children, consumer demand and financial management concepts are also changing. Flexible adjustment of lucky money planning, and grow together with children.