Core Viewpoint - The article emphasizes the importance of financial education for children, suggesting that parents can provide lifelong gifts by helping their children develop financial literacy, proper consumption habits, and planning for future education expenses [1][26]. Group 1: Financial Literacy - The first gift is to help children develop financial thinking by introducing them to financial concepts early on, which can benefit them throughout their lives [1][7]. - Recommended methods include reading financial education books together with children to instill the right money mindset [1][7]. - A suggested book list is provided to aid in this financial education [1]. Group 2: Consumption Awareness - The article stresses the need to improve children's consumption awareness, starting with saving money before investing [2][4]. - It highlights the challenge many face in resisting the temptation of immediate consumption due to easy access to credit [2][3]. - Parents are encouraged to teach children the value of saving and the benefits of investing over time [2][4]. Group 3: Asset Accumulation - The article suggests starting with money market funds to help children visualize asset accumulation, showing them how their savings can grow over time [5][8]. - It provides an example of how saving can lead to purchasing more toys in the future compared to immediate spending [6]. Group 4: Insurance and Protection - The second gift involves securing proper insurance for children, including basic health insurance and additional commercial insurance for comprehensive coverage [9][10]. - It emphasizes the importance of parents also having their own insurance to ensure they can protect their children effectively [11]. Group 5: Education Fund Planning - The third gift is planning for children's education funds, which should be prepared early to ensure that educational expenses are covered regardless of future financial situations [11][12]. - Suggestions for investment vehicles include high-dividend funds that can provide regular cash flow for educational expenses [12][18]. Group 6: Cash Flow Management - The article introduces a cash flow management product called "Monthly Salary Treasure," which offers regular cash flow while maintaining a balanced investment in stocks and bonds [17][22]. - It explains that this product can provide stable cash flow regardless of market fluctuations, making it suitable for long-term financial planning [22][24].

Group 1 - The article emphasizes the importance of purchasing insurance for children, particularly in light of potential risks from accidents and illnesses during their growth [1][8] - It suggests that parents should prioritize enrolling their children in basic medical insurance (children's medical insurance) before considering commercial insurance options [1][2] Group 2 - For children aged 0 to 3, the recommended insurance products include critical illness insurance, medical insurance, and accident insurance due to their developing immune systems and higher accident risks [2] - Critical illness insurance provides a lump-sum payment upon diagnosis of a covered serious illness, which can help cover treatment and recovery costs [2] - Medical insurance options include high-limit medical insurance (with coverage up to several million) and lower-limit medical insurance (covering daily minor illnesses) [2] Group 3 - For children aged 3 to 6, the focus should be on strengthening accident insurance while also maintaining critical illness and medical insurance coverage [3] - Accident insurance can include additional benefits such as hospitalization allowances to alleviate financial burdens during hospital stays [3] - Parents are advised to increase coverage amounts for critical illness and medical insurance based on their financial situation [3] Group 4 - For children aged 7 to 12, education funding becomes a priority, and parents may consider education insurance to secure funds for future educational expenses [4] - The article highlights the importance of selecting critical illness insurance that covers common childhood diseases and their respective payout ratios [4][5] Group 5 - For children aged 12 and older, the recommendation is to consider lifelong critical illness insurance alongside education funding options [6] - Lifelong critical illness insurance offers long-term protection, while education-related insurance products can help accumulate funds for higher education [6] Group 6 - The article outlines key considerations for insurance configuration, such as prioritizing adult insurance coverage before children's, accurately disclosing health conditions, and thoroughly reviewing insurance terms [7] - It advises that family insurance expenses should not exceed 10% of annual income to avoid financial strain [7]