1. Did you save money when you were young?
I wouldn't quite call it saving money, but as a kid I definitely did something other people my age would be familiar with. Sometimes I’d take a little from my normal lunch money allowance and stash it away, hoping to eventually save up enough to buy something I've been really wanting, like a game or a book. Looking back, they were always almost tiny amounts of money, but as a kid, they were pretty much your life savings.
2. Have you ever given money to other children?
Not when I was also a kid, no. Back then each of our private little savings meant a lot to us, a lot of effort made to prevent our parents from finding out, and a lot of time invested. We didn't just give it away to someone else without good reason, even to friends. Perhaps I would’ve made an exception for my best friends, but since they never asked, it never came up.
3. Do you think parents should teach children to save money?
Absolutely. Sound financial planning is something that we aren’t taught in schools, but is pretty essential to our lives. Maybe it's just taken as something we’ll understand intuitively by experience, but I think parents should be more involved in teaching basic good practices while we are teenagers. At the very least, we ought to be prepared before we get our first paycheck.
4. Do parents give children pocket money in China?
In my experience yes, me and my friends were always given a fixed allowance to spend on food and other things every week. That’s how our practice of saving up lunch money started. And then there’s every Chinese New Year, when we get red envelopes of money as part of tradition, and is usually a much heftier sum.