Many young adults leave school knowing how to solve complex maths problems, but have little understanding of budgeting, saving, or managing their own finances. Money is one of the most important life skills a child can learn, and is rarely taught in enough depth at school. Studies have shown that money habits are formed by […]
Many people don’t realise how expensive it is to raise a child. And if you think it’s expensive when they are little, wait and see how expensive it is when they are older. Obviously, we all know the stages of a child: newborn/ baby, toddler, early childhood, teen/young adult. Well, when they are little until
In a world full of tempting toys, games, and gadgets, the idea of saving money can feel very boring to many children. They always want the same as what their friends have, everything they see in the shops, and they want it now, not later, not tomorrow. When they receive birthday money or a gift
As soon as we have children, we go straight into parenting mode. Looking after them- feeding, teaching, caring for them, growing them to be happy and healthy. Teaching them to be independent, and we try to prepare them for adult life as much as we can. But how many of us actually teach our children
Earning pocket money doesn’t have to be boring and repetitive; the way kids earn their pocket money these days has evolved dramatically. When I was a child, it was as easy as just helping with the grocery shopping or helping fold the laundry. Today’s kids are so creative, imaginative, and more eager to explore different
What is Pocket Money? Dictionary meaning: ”A small amount of money given to a child by their parents, typically on a regular basis.” Should Kids Earn Their Pocket Money? Is it ok to just give money without them earning the money? Should children earn their pocket money through chores and responsibilities? Should children receive the
Raising Money-Smart Kids A simple, age-by-age guide to helping children build confidence with money Children form lifelong money habits earlier than most parents can realise. A few small conversations and routines at home can shape how confident they feel with money for the rest of their lives. Money habits start long before adulthood. Children are
