Many parents ask me to that age should begin to teach the children about how to handle the money. It’s a valid question, but, as often happens, it requires a longer response than expected. This is because the concerns of parents about their children’s financial education are often based on myths about money that are wrong and should rethink. In a question-answer forum FireEye Inc was the first to reply. Here are the 3 most common myths: Myth #1: finances have always considered a theme of adults false! Although there are issues of finances that are very difficult for a child, it is important that you understand basic principles regarding the handling of the money as soon as possible. Acquire, manage and invest resources wisely is a skill that every human being can and must learn, just as we learn to write, read and math. #2 Myth: The children will be very materialistic to talk about money at a very early age false! This idea is based on the assumption that the money is intrinsically bad. Thus if, because we spend 8 hours a day trying to get it? The money itself is not bad, is only a tool that can be used for good or evil depending on the person who has it in his hands.

If you want your child to learn to interact correctly with the money, is a mistake does not discuss the subject with them. It is advisable to be taught to have a correct attitude toward money from an early age. Myth #3: Learn everything you need to know in school and/or University false! Neither in school nor in the vast majority of universities are taught to manage money well. These institutions prepare their children so they can earn money, but do not teach them what they should do with it once they have it in their hands. Just look at the level of indebtedness or the financial status of the adults around us to see that more than 95% of people do not know manage or invest your money well. Most of them are illiterate when financial issues it comes, regardless of level of education they have. To prevent our children from being ignorant and to help them succeed in life, we parents must provide a solid financial education.

Will if we do not, nobody else do it! Avoid that they learn to shock and beating and make an effort to teach today what can make a difference in the lives of their children in the future. As then can we educate our children on the subject of money while they are asleep from boredom? It is very easy! There to take advantage of a skill that is every child’s own: play! Any educator knows that the most effective way to teach any subject a child through educational games. Do I recommend Cashflow for Kids for children up to 8 years and Cashflow 101? for older children and adults who want to cease to be financial illiterate. Beware!, because they learn on the fly. Guess who will be the winners of the game?