Wise consumption can be defined as behavior in making use of all economic goods sparingly and not excessively. Wise consumption behavior is an implication of all activities including the action reflecting behavior that aims to prosper the future. This research aims to describe and formulate an education model of wise consumption for elementary school-age children. Furthermore, this research use DBR (Design-Based Research) model. The subject of this research was elementary school students in Blitar Regency, Indonesia, which amounted to 225 children, with a description; of 50 students as small group trials, and 175 students as field trials. The research findings show that 90% of students have been reached expected target of the study, and for the effective ability of the students; they are able to behave wisely in consumption. Behaviors that reflect wise consumption seen are (1) ability to sort priority scale; (2) ability to be economical; (3) ability to differentiate between need and desire; and (4) productive behavior. The three findings have reflected how the education model able to give children a new perspective on the use of money.