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But there are proven ways to go. The key is to give children freedom within safe borders. Research shows that children learn personal finance best from their parents.<\/p>\r\r\n                    \r\n                <\/div>\r\r\n            <\/div>\r\r\n        <\/div>\r\r\n    <\/div>\r\r\n    <div class=\"_bnrAtchmnt\" data-aos=\"fade-down\" >\r\r\n<!--        -->\r\n        <img decoding=\"async\" src=\"https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/moth4.png\" alt=\"\" class=\"img-fluid\">\r\r\n    <\/div>\r\r\n\r\r\n\r\r\n<\/section>\r\r\n\n\n\r\n\r\r\n<section  data-aos=\"fade-up\" data-aos-easing=\"ease-in-sine\" id=\"article-block_685c0280a3c31\" class=\"_article _topGray  alignwide  \" >\r\r\n    <div class=\"container\">\r\r\n        <div class=\"row\">\r\r\n            <div class=\"col-md-12\">\r\r\n                <div class=\"_pageHdr _container-1000    \">\r\r\n                    <h1>Quick guide to parents<\/h1>\r\r\n                    <div class=\"_pgHdrDesc\">\r\r\n                        THREE FOCUS AREAS\r\n                    <\/div>\r\r\n                <\/div>\r\r\n                <div class=\"_pageCntnt _container-690\">\r\r\n                    <div class=\"_articleImg\">\r\r\n                        \r\n                    <\/div>\r\r\n                    <div class=\"_art_desc\">\r\r\n                        <h3>Spend<\/h3>\n<h5>Learn the value of money<\/h5>\n<ol>\n<li><strong>Let your child make their own purchase decisions. <\/strong>Give your child freedom to spend parts of their allowance \u2013 even if you find the purchase unnecessary. Own experience is the best teacher.<\/li>\n<li><strong>Talk about the difference between needs and wants. <\/strong>Help your child to grasp the what they need and what they simply want. Use everyday examples. &#8220;Fashion brand jacket&#8221;, or &#8220;A jacket&#8221;?<\/li>\n<li><strong>Show that money runs out. <\/strong>Let your child feel that money is finite. This is an important insight that builds responsibility.<\/li>\n<\/ol>\n<p><em>With Gimi, your child can get help to easily keep track of their balance, get monthly statistics on purchases, and get allowance paid out.<\/em><\/p>\n<h3><img data-dominant-color=\"b5b7c1\" data-has-transparency=\"true\" style=\"--dominant-color: #b5b7c1;\" decoding=\"async\" loading=\"lazy\" class=\"has-transparency aligncenter size-full wp-image-5825\" src=\"http:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/konto.png\" alt=\"\" width=\"879\" height=\"563\" srcset=\"https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/konto.png 879w, https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/konto-300x192.png 300w, https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/konto-768x492.png 768w\" sizes=\"(max-width: 879px) 100vw, 879px\" \/><\/h3>\n<h3><img data-dominant-color=\"ffffff\" data-has-transparency=\"false\" style=\"--dominant-color: #ffffff;\" decoding=\"async\" loading=\"lazy\" class=\"not-transparent aligncenter size-medium wp-image-5848\" src=\"http:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/whitespace-300x62.png\" alt=\"\" width=\"300\" height=\"62\" srcset=\"https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/whitespace-300x62.png 300w, https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/whitespace.png 760w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/h3>\n<h3>Earn<\/h3>\n<h5>Money do not come by itself<\/h5>\n<ol>\n<li><strong>Link work and reward.<\/strong> Let your child earn extra money by doing simple household chores that go beyond the norm \u2013 for example, walking the dog or cleaning out the storage room.<\/li>\n<li><strong>Encourage initiative.<\/strong> If your child comes up with their own ideas (such as selling juice or helping neighbors), support them and show that you believe in their abilities.<\/li>\n<li><strong>Talk about pride in earning your own money.<\/strong> Emphasize how good it feels to buy something with your own money. This builds both self-confidence and an understanding of the value of money.<\/li>\n<\/ol>\n<p><em>With Gimi you can set up chores directly in the app. Either as stand-alone chores, or as the basis for allowance. The child can also suggest them themselves.<\/em><\/p>\n<h3><img data-dominant-color=\"d0d1d8\" data-has-transparency=\"true\" style=\"--dominant-color: #d0d1d8;\" decoding=\"async\" loading=\"lazy\" class=\"has-transparency aligncenter size-full wp-image-5835\" src=\"http:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/sysslor.png\" alt=\"\" width=\"961\" height=\"580\" srcset=\"https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/sysslor.png 961w, https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/sysslor-300x181.png 300w, https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/sysslor-768x464.png 768w\" sizes=\"(max-width: 961px) 100vw, 961px\" \/><\/h3>\n<h3><img data-dominant-color=\"ffffff\" data-has-transparency=\"false\" style=\"--dominant-color: #ffffff;\" decoding=\"async\" loading=\"lazy\" class=\"not-transparent aligncenter wp-image-5848 size-medium\" src=\"http:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/whitespace-300x62.png\" alt=\"\" width=\"300\" height=\"62\" srcset=\"https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/whitespace-300x62.png 300w, https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/whitespace.png 760w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/h3>\n<h3>Save<\/h3>\n<h5>The foundation of security and goals<\/h5>\n<ol>\n<li><strong>Talk about goals at your child&#8217;s level.<\/strong> Help your child set concrete savings goals, such as a toy or new headphones \u2013 preferably with pictures or a list to visualize the goal.<\/li>\n<li><strong>Show that saving takes time.<\/strong> Explain that you can&#8217;t get everything right away \u2013 and that&#8217;s a good thing! Waiting and saving makes the reward more valuable.<\/li>\n<li><strong>Make saving a habit.<\/strong> Encourage your child to put aside a portion of their weekly allowance each time. Make sure your child can see their savings grow and get closer to their goal.<\/li>\n<\/ol>\n<p><em>With Gimi, your child can choose to save for a pair of headphones, for example, and work towards the goal themselves by putting money aside in their Savings Vault. As a parent, you can encourage saving by setting a bonus.<\/em><\/p>\n<p><img data-dominant-color=\"c0c3d4\" data-has-transparency=\"true\" style=\"--dominant-color: #c0c3d4;\" decoding=\"async\" loading=\"lazy\" class=\"has-transparency aligncenter size-full wp-image-5830\" src=\"http:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/karta.png\" alt=\"\" width=\"922\" height=\"547\" srcset=\"https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/karta.png 922w, https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/karta-300x178.png 300w, https:\/\/gimi.com\/wp-content\/uploads\/2025\/06\/karta-768x456.png 768w\" sizes=\"(max-width: 922px) 100vw, 922px\" \/><\/p>\n\r\n                    <\/div>\r\r\n\r\r\n                <\/div>\r\r\n            <\/div>\r\r\n        <\/div>\r\r\n    <\/div>\r\r\n<\/section>\r\r\n\r\r\n\r\r\n\r\r\n\r\r\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":13,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.10 - 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