Course Content

Importance of pocket money:

Helps children learn money management

Concepts and practices:

Setting short-term and long-term goals
Formulating strategies

Factors affecting pocket money amount and frequency:

Age, responsibilities, needs, budget

Establishing rules and expectations:

Uses, savings goals

Creating a pocket money agreement:

Involving children

Managing pocket money:

Tracking expenses, budgeting, saving
Distinguishing needs from wants
Learning comparative shopping and finding deals
Encouraging charity donations and selecting projects

Review and Homework:

Summarizing key points and learning outcomes
Assigning homework for families to practice together
Providing opportunities for questions and sharing experiences

Teaching Method

💫 The course combines lectures, discussions, and practical activities to ensure both interest and practicality.
💫 Parents and children are encouraged to continue practicing the concepts in their daily lives after the course.

Course Outcomes
✅ Recognize the importance of pocket money in developing children's money management skills.
✅ Learn how to teach children responsibility with money through pocket money.
✅ Understand how to create a pocket money plan based on the child's age, needs, and family's financial situation.
✅ Learn to establish clear pocket money usage rules to help children understand the value of money.
✅ Improve children's budgeting and adherence abilities through pocket money management.
✅ Educate children to control impulse spending and develop delayed gratification skills.
✅ Encourage children to set savings goals and regularly save a portion of their pocket money.
✅ Teach children how to make wise spending decisions and distinguish between needs and wants.
✅ Guide children to understand that money can be used to help others, fostering a charitable mindset.
✅ Educate children on how to safely manage and store pocket money.
✅ Learn to adjust the pocket money plan based on real-life situations to meet changing needs.
✅ Boost children's confidence and independence by successfully managing pocket money.

Financial Literacy Coach