Jewish family wealth education timetable

3 years old: parents start teaching children to recognize coins and banknotes
4 years old: children should learn simple calculations
5 years old: Let the children know what the coins can buy and how the money comes from.
7 years old: understand the price tag and cultivate the concept of "money can change things"
8 years old: teach them to work to earn money, store money in the bank
9 years old: Children should be able to make a one-week spending plan, knowing to compare prices when shopping
10 years old: know how to save a little money every week, in case of a large expenditure
12 years old: Look through the illusion of advertising packaging, set and execute the spending plan for more than 2 weeks, and understand the terminology of correct use of banking.