'Give Your 10-Year-Old 1000 Yen Every Week'! A New Financial Education Book for the Inflation Era Proposing 'Higher Allowances'

Asuka Shinsha Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President: Hisahisa Doi) will publish the book 'Give Your 10-Year-Old 1000 Yen Every Week' (Author: Nigu-sensei / Tatsuya Taniguchi) on June 4th.

As the title suggests, this book represents a new era of financial education, teaching parents to give their children more allowance than they might think necessary. This approach covers not just saving, but also paying for necessary expenses and learning about investment. In an era of accelerating inflation, 'protecting' money is no longer enough. The book is packed with methods to enhance 'money sense' taught by a popular financial planner with over 100,000 YouTube subscribers.

Japanese allowances tend to be 'lower in amount' and 'less frequent' compared to global standards. Giving only a minimal amount that is spent entirely every month teaches children that money is something to be exhausted, which can lead to developing wasteful spending habits.

Therefore, the 'Nigu-sensei Method' recommends the following amounts:
- Grade 3 and above: Age x 100 yen / week
- Lower grades: Age x 50 yen / week

Children are then taught to divide and manage this money into five categories:
1. Savings
2. Donations
3. Investments
4. Necessary expenses (e.g., transportation costs originally covered by parents)
5. Spending (wasted money)

The book thoroughly explains the basics of investment that parents and children can learn together, making it accessible even for beginners. It also includes an 'Original Allowance Ledger' developed by Nigu-sensei, making it a must-read for children to become financially independent for life.