Again in November, re-purchase fever, as the Black Friday is coming. When the majority of stores are falling in price at the same time, it is hardest to buy in advance. However, this is a good opportunity to practice a little financial awareness and teach our child. K&H Beware, Ready, Money! Financial Quiz Organizers have now gathered a few tips on what to pay attention to these shopping passions on heated days, and what we call our children's attention in terms of financial awareness.
It is a good opportunity to give an example
“Let us not forget that our children will largely follow the pattern of behavior they have in their adulthood , so this is a great opportunity to consciously develop their image and attitude towards finance. Together with them, "Black Friday", we have the opportunity to explain to them, through the examples close to them, what the devaluation is, what are the benefits and the pitfalls, and what to pay attention to the budget. K&H Beware, Ready, Money! that is why we started the financial competition 8 years ago so that children can acquire the basic financial knowledge through life-like situations and playful tasks, so they can decide as adults as confident and as far as they can, ”said Horváth Magyary Nóra, Managing Director of Communication at K&H Group.
List! list! list!
The point is to buy things we really need. Listing does not only help you in your shopping, but also before you consider whether you really need the items or not. We will prioritize what we want to know in our basket and what it is if you have a very discounted price or fit into our frame. We can already include the child in the list. Ask you to write down what you want and set them in order of priority - this list can be used well at Christmas.
Let's limit ourselves!
It is worthwhile to define our budget in advance alongside the list. It is important to have a set frame that stops the purchase fever. Try not to overdo it! Likewise, give your child a framework and share with them what would fit into it. So you can learn how to make financial decisions and not get everything at once, because our money is finite in our wallet.
L eat ahead and rubbed
You should pay attention to the prices of coveted products in the days before Black Friday. Price comparison sites can help us with this. Because the price is not always a bargain. There are shops and webshops that raise their prices in the days before Black Friday, so that the price drop is more spectacular.
Two birds in one fell swoop!
This is a good time to buy things we can give for Christmas. So we hit two birds in one fell swoop, buy at a discount and check out our checkers on our Christmas shopping list.
Get ready for fun
In order to be able to learn about finance before playing with our child, we can also choose to watch #KaPa vlog. In the spending episode, KAPE, the young animated vlogger, approaches and understands financial concepts in the language of children. In the mobile application, we can enhance the knowledge gained with the quiz and the game with exciting episodes.
More information about the financial quiz, entry, beware # KáPé vlog: https://www.kh-vigyazzkeszpenz.hu/
For more details, please visit our Facebook page!
(Source: marmalade.co.uk | pictures: photo of the editorial office, pixabay.com)