Property News · November 10, 2014

Six tips to teach your child about money matters


With research showing that children copy their parents’ approach to finances, we look at how to pass on good money skillsThe parents of a child who has begged for the latest Lego spaceship, or merchandise from Disney’s Frozen film, probably won’t have uttered the words “delayed gratification” in their response. However, such terms could become a valuable tool in teaching children about money.Most parents excel when it comes to teaching safety and good manners, but with money few know where to start. Money skills can be a blind spot because so many feel financially inept themselves. Yet research suggests parents’ behaviour is the biggest influence. Continue reading…

Source : theguardian.com
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