After the busyness of Chinese New Year involving visiting, packing ang baos and giving them out, it’s now time to consider what to do with the money your children received. As much as we want to give our children the decision of where the money goes – and it’s hard to shake off the request of a new toy or device – it’s also important to teach them about good financial habits and financial literacy early on.
This CNY, teach your children to be more money savvy, and guide them towards investing their money in areas that will be useful in the long run (or you could just do it for them). From learning coding, to investing at no minimum cost, here’s what you and your kids can do with this year’s CNY savings:
