When Buffett earned the first pot of gold in his life, what was your child doing?

When Buffett earned the first pot of gold in his life, what was your child doing?
What was your child doing at 6 years old?  At the age of 6, Buffett was holding a small tray with five compartments on which were placed 5 different flavors of gum.These gums were bought from Grandpa’s grocery store at a wholesale price of 3 cents per bag, and Buffett sold them at 5 cents.At the time, there were no convenience stores and large supermarkets in the United States. There were only a few grocery stores. Many people would not go to the grocery store to buy a pack of chewing gum.In this way, Buffett accurately grasped the business opportunity, earning 2 cents per pack of chewing gum.  As a child, Buffett’s “commercial territory” continues to develop.In the summer, he carried ice-cold cola from the grandfather’s grocery store door-to-door to sell it, earning 5 cents for every 6 bottles of coke sold.Later, Buffett began selling the more profitable “Saturday Evening Post” and “Freedom” magazines, by the way, selling chewing gum.At the age of 9, Buffett began selling second-hand golf balls on the golf course.At the age of 11, Buffett bought stocks for the first time.At the age of 14, Buffett began reporting personal income.  It’s not just Buffett, the world’s top financiers and entrepreneurs have tracked the sensitivity of money and business since childhood.Today, Buffett also personally teaches children financial management and nurturing children’s financial quotient.In this “Buffet Mystery Club”, Buffett becomes the director of the Mystery Club and discusses how to invest and manage money with a few thoughtful children.In addition to Buffett, Bill Gates and Charlie Munger were also invited to participate in the dubbing production.  Nowadays, more and more Chinese parents have begun to incorporate the essence of nurturing their children’s financial quotients, and nurture their financiers and entrepreneurial spirit by guiding children to learn financial management.  Some parents adopt a teaching-practical approach to cultivate children’s interest and curiosity in finance, and increase the accumulation of financial knowledge.Too many parents now take their children to a bank outlet to open a savings card in the name of the child and establish their own “small bank.”When taking a child to handle savings, you can explain to the child the knowledge related to bank savings, for example: what is regular, what is the current period, and what is the interest rate?Children can also be encouraged to participate in the fund’s regular investment with new year’s money. In this process, children’s fund-related knowledge will be increased.  There are also parents who create a separate book for their children and record their daily income and expenditures-New Year ‘s New Year ‘s money, children ‘s housework rewards, daily pocket money can be used as income records, and children ‘s daily waste is used as expendituresrecording.Through this record, children can understand the concept of expenditure and income from an early age, understand the flow of money, and at the same time increase their children’s wealth.  If the child wants to purchase far more than the deposit he has, the parent can advise the child to lend money to the child in addition to adjusting the goal.Parents can propose a loan plan to their children themselves-some children can get paid by parents for repayment by doing housework.In addition, it is necessary to agree with the child how to repay, when to pay off, whether to pay interest and so on.In this process, the child will re-examine the effort required for consumption that exceeds the individual’s ability, and will also recognize the contractual spirit in debt, which can cultivate the child’s lending concept and increase his own sense of responsibility.  Of course, let professional people do professional things. From the perspective of a professional financial planner, how to cultivate children’s financial interest and increase their understanding of financial operation. You can take your children to participate in the 2020 “Small Financier”Contest.Through the participation of you and your child, the guidance of a professional financial planner, maybe your child is the next Buffett.  1.Recruitment ①Participants: 6-14 years old children ②Activity time: May 9-June 14 ③Registration end time: May 22 ④Email (licaibangxjb @ 163com) or follow the wealth management help public account registration 2.Materials to be submitted ①Two life photos (electronic version, JPG format) ②Resume (including name, gender, age, hobby, one-sentence motto) ③Posted 600 words of text-My financial story ④ Parental contactMethod Note: Submit the registration information to the mailbox: licaibangxjb @ 163.com or follow the financial help public account to reply directly to the above registration information 3.Activity process registration-display financial story-choose 10 small financiers by voting + expert selection, voting weight accounts for 60%, expert evaluation 20%, message or comment 20%-announce winners + awards + financial businessclass.  4.The selection method displays the wealth management story. Ten small financiers are selected by voting + expert selection. The voting weight accounts for 60%. Experts estimate 20%. Leave a message or comment 20%.