Money Management for Kids
Benefits For Teaching Children?
There is an open window for education that will STICK in the child’s brain permanently and that window is up to 10 years old. The child’s mind is more than 95% developed by age ten.
Successfully teaching children at the young ages guarantees them mastering money management as life skills.
Benefit
#1
Break Sense of Entitlement
Your young child will stop crying for you to buy toys every time you go shopping.
Instead, your child will focus on finding ways to save and doing learning activities to be rewarded with the toy he/she truly likes.
Benefit
#2
Uncover & Correct Impulsive Money Habits
No more impulsive buying by your children.
Your children will learn how to think twice before buying, and learn how to divide their expenses … save more and be more responsible in their spending.
The reverse is also true. No more excessive saving by your children who may become too stingy.
Benefit
#3
Understands The Value Of Money
Many parents have a hard time getting their children to understand the value of money.
But after the program, their young children, as young as three years old will think twice about spending..especially after they realise that spending in one area means not being able to spend in another.
Benefit
#4
Improvement In Maths
Believe me, when young children get started on MoneyChamp program, they all DEFINITELY know how to count.
In fact, their mental sums are many times better than an average child. They have no problems doing simple addition and subtraction easily… and can even perform tasks like rounding up or rounding down to the nearest dollar.
Benefit
#5
Inculcate Good Habits & Overcome Fear
Young children are easily mouldable. This program can help parents to work with their children to form good habits or correct poor habits. It can also help young children to overcome fear.
Benefit
#6
Parent-Child Bonding
As long as you follow the home practice kit in the Parent’s Guide, your bonding with your child will definitely increase.
Benefit
#7
Power of Compound Interest
The earlier your child starts the practice of money management system, the earlier you can introduce investments. Read some of the testimonials of our students. The youngest investor was five years old.
The advantage of starting early is the ability to ride on the power of compound interest. Small investment value will be accumulated and compounded to high value as illustrated in the chart below. Learn more about compound interest from Investopedia.
Quotes of Educators:
I want my children to understand the world, but not just because the world is fascinating and the human mind is curious. I want them to understand it so that they will be positioned to make it a better place.
The fact is The Rich Gets Richer. I observed the different teachings from the parents of my richer classmates. Having the opportunity to achieve a little breakthrough for myself and see the difference in my teenagers' mindset towards wealth, I want to return to my earlier passion to teach children to master money management skill and become rich, if they desire.
Location
10 Ubi Crescent
#01-20 Ubi Techpark Singapore 408564
Phone
+(65) 6848-9177
Open hours
M-F: 10:30 am – 5:30pm