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Hong Kong Institute of Certified Public Accountants
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Introduction
The Hong Kong Institute of Certified Public Accountants
believes that, as accountants and experts in financial man-
agement, it has something to contribute to the topic of rais-
ing financially responsible children. After all, who is more
qualified to teach financial responsibility than the people
who do it for a living?
This book addresses teaching children between the ages
of three to 12 and focuses on financial responsibility, not
entrepreneurship, for three reasons:
Concepts of financial responsibility are complicated;
these concepts also take discipline for parents to teach.
Financial
responsibility
is different from financial
ability
.
For parents who want to shield their children from the
pressures of the real world for as long as possible, it's
better to teach handling and managing money rather
than making it.