Financial education includes the management of savings and investments. But how do you make our children become economically responsible for adults? How to guarantee them a more sustainable future? Here is the great help that ethical finance can give us
This article is sponsored by Ethics Sgr. Here you will find a more exhaustive explanation.
Solid financial education It allows us to face life and its unexpected events with more serenity and awareness. Economic habits have been formed from childhood and the way children observe parents to manage money will influence their future choices. From daily expenses to large investments, Children learn through the example. The family is the first place where you learn to distinguish between needs and desires, to plan expenses and save for future goals. A child who grows up by understanding the value of money will have more likely to develop a Management responsible for their adult financial resources.
Furthermore, talking openly about money in the family helps to reduce the taboo that often surrounds this theme and allows you to deal with spontaneous and constructively topics such as savings, investments and consumer choices. Support families in sustainable investment and savings choices, attentive and aware, is a fundamental aspect for Ethics Sgr, a management company of the saving of the Banca Etica Group. Choose the ethical means investing with awareness, contributing to a Future more fair and sustainable without giving up the growth opportunities of one’s capital.
How to teach savings to the little ones: the basics of financial education
THE’financial education It is the set of knowledge and skills that allow you to manage money consciously and effectively. It includes fundamental concepts such as savings, investments, debt management, budget and long -term financial planning.
Teach children to save it does not only mean explaining the importance of putting money aside, but also helping them to develop a conscious mentality towards consumption. A good starting point is to distinguish between money earned (through small responsibilities in the house or chores suitable for age) and money received (such as gifts or pocket money). This helps the little ones to understand that money has value and is not unlimited.
All families, in different measures, must “make quietly gather”. Planning a family budget does not only mean keeping expenses under control, but also involve children in some economic decisions. For example, making shopping together becomes an opportunity to explain the difference between branded products and cheaper alternatives, between essential needs and impulsive purchases. It is important to introduce the concept of long -term planning: putting aside a sum for the future and investing with awareness are all strategies that can be transmitted gradually to children, helping them to build a solid and responsible financial mentality.
But if the children learn by observing, then It is essential that parents first adopt balanced financial management. The percentages concerning the financial literacy of adults photograph a situation with great differences between north and southern Europe, with Sweden, Norway and Denmark that are 71%. And Italy? According to S&P Global Finlit Survey, the percentage of adults that moves at ease in the financial sphere stops at 37%; figure that leaves a large margin of improvement.
Learn to manage money consciously
Managing money well does not only mean saving, but also deciding with awareness how to use your resources. Many savers focus exclusively on economic performance, without considering the impact of their financial choices on the world. There ethical was born precisely to respond to this need, offering a way of investing which, alongside financial aspects, also considers environmental, social and governance criteria (the so -called ESG criteria). Ethical finance is therefore an approach to investments which, in addition to economic performance, takes into account the social and environmental impact of their financial choices. The goal is to create value not only for the investor, but also for the company as a whole, promoting Sustainable and responsible development models. This means privileging realities that respect the environment, protect workers’ rights, adopt transparent governance practices and engage in corporate social responsibility. On the contrary, controversial sectors are excluded, such as arms, oil, extractive, gambling.
In Italy, the only savings management company that operates 100% according to the principles of ethical finance is Ethics Sgrwhich proposes exclusively ethical and responsible investment funds. The mission of Ethics Sgr is to demonstrate that Investing consciously does not mean giving up generating value in the medium-long termbut indeed, it can contribute to the creation of a more inclusive and resilient economic system. Etica Sgr has a “training-information” approach to its customers and to be as transparent as possible, every year it draws up an impact report, which measures the effects of the investments of the funds to show where and how a positive change is taking place.
This is to say that alternatives to traditional investments not only exist, but they are able to generate value for investors e Also For the entire community.
Ethical finance for a responsible economy (and future)
So is it possible to invest with awareness, without impacting the environment and society in a negative way and, indeed, improving the planet that we will leave to our children? The answer is yes, and the options of Ethics Sgr cover a wide range of needs. For example, the Pac (Capital accumulation plan) is suitable for those who do not have huge sums but want to gradually invest, and can do it with periodic payments starting from only 50 euros, thus reducing the risks related to market oscillations. Those who have greater capital can choose the PicCapital investment plan, with which all the amount is made in a single solution. For savers who wish to have the possibility of obtaining potential periodic income, it is possible to choose the funds with RD classes to distribution of income.
Financial education is the pillar on which to build a more aware futureboth on an individual and collective level. Teaching children the value of money on the one hand and respect for the environment on the other, getting families to manage resources carefully and promote ethical finance as a responsible choice are concrete steps for the society in which we live. Today more than ever, it is essential to understand that Each economic decision has an impact and that we can use our savings not only for our well -being, but also to support more sustainable development models. Making informed choices means actively contributing to a positive change, transmitting to the new generations of responsibility and solidarity values. If you want to know more contact Banca Etica and its network of consultants, or all the other placers of Ethics Sgr.
