Unfortunately, most of us are not interested in educating children and training them in financial literacy, how to control the money we have and how we spend it wisely, so we find an entire generation of young people who do not have the ability to organize their finances, and they fall into very big financial problems, unfortunately, and debts.

We must at least teach the children the difference between "needs" and "desires." I watched a video of a specialist and trained in financial awareness called "Hadeel Sakkijha", teaching her daughter the difference between them.

The child must realize that needs are the basic and indispensable things, and desires are the things that we want but we can live without.

He can then write th


![image.png](https://cdn.steemitimages.com/DQmd7UMZUiuudvLPHYwvetTjPRtk5Kzf7WzszKPy6QAFXsM/image.png)

e needs in cards and desires in others, and try to prioritize the cards and then divide the available amount on them.

Then the child will realize the idea of ​​priorities in purchasing, and he realizes that we may have to give up part of the desires temporarily until the needs are satisfied, and we can then fulfill those desires if there are enough funds, and so on, that way the child will learn to organize his money and be able to manage it.

I read from Post about experiences of a method that some parents follow during that period, which is for parents to set a specific day in the month, for example, and give their children a certain amount at the beginning of the day, and make their children the ones who control all purchases on that day.

You find that children calculate what they need well and use the amount wisely without wasting it on what is not useful, until it is sufficient with them to cover the basics, and then they go to buy luxuries.

This helps to strengthen the child's ability to manage his money well in a proper way, and this will undoubtedly benefit him in the future, as he will avoid falling into financial crises as much as possible.

What do you think of financial education for the child? Do you have any experience with this topic or have you heard about it?