{"id":1252,"date":"2016-01-12T13:00:45","date_gmt":"2016-01-12T06:00:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/yes-we-should-teach-our-kids-about-money-but-how-exactly-escapes-me\/"},"modified":"2016-01-12T13:09:23","modified_gmt":"2016-01-12T06:09:23","slug":"yes-we-should-teach-our-kids-about-money-but-how-exactly-escapes-me","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yes-we-should-teach-our-kids-about-money-but-how-exactly-escapes-me\/","title":{"rendered":"Yes we should teach our kids about money, but how exactly escapes me"},"content":{"rendered":"<p>&#013;<br \/>\nPocket money, savings, ponies, Muppets and nails \u2013 it\u2019s a minefield, especially when your audience is clueless, says Zoe WilliamsI\u2019m running a randomised controlled trial on pocket money with my own children: the oldest, eight, has the benefit of modern technology (more on this later), the youngest, six, relies on my remembering to pay her. In practice, this means the oldest gets \u00a310 a month and the youngest gets nothing. After a period of accumulation the youngest vents her outrage and gets a lump sum. She immediately loses it. Our main hope is that she mislays it somewhere in the house where it can reenter the slipstream of the family\u2019s economy.My findings are as follows: miniature bank accounts are brilliant, but not necessarily educational. I use Osper, which is an account for eight-pluses that comes with a card they can use in a cash machine or on the internet. I don\u2019t know if you can stick it behind the bar because we haven\u2019t tried it. I have a \u00a310 monthly standing order and can add one-off amounts online. I can also invite other people to put money on it, which I never do, because it\u2019s the financial equivalent of asking them to look at pictures of your child and wax lyrical about its cuteness. So far, Osper has taught the big \u2019un that money, with automating top-ups and nobody ever spending it, accumulates as effortlessly as wet leaves in a drain. It also taught him that getting money out of a cashpoint with his own pin is mind-bendingly exciting. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2016\/jan\/12\/teach-kids-about-money-pockey-money-savings\" target=\"_blank\">Yes we should teach our kids about money, but how exactly escapes me<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Pocket money, savings, ponies, Muppets and nails \u2013 it\u2019s a minefield, especially when your audience&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-1252","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-kc","jetpack-related-posts":[{"id":100620,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thank-you-ms-jacinda-pm-shares-heartwarming-note-from-youngest-kiwibuild-resident\/","url_meta":{"origin":1252,"position":0},"title":"&#039;Thank you Ms Jacinda&#039; &#8211; PM shares heartwarming note from youngest KiwiBuild resident","date":"October 27, 2018","format":false,"excerpt":"\r The Prime Minister has taken to social media to share a heartwarming message addressed to \"Ms Jacinda\" from one of the youngest residents of the first batch of Kiwibuild homes.Today was a milestone for the Labour-led Government...\r \r Source : nzherald.co.nz\/Property\r Read more...'Thank you Ms Jacinda' - PM shares\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81454,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/admiral-staff-pocket-3600-after-insurer-gets-back-in-the-groove\/","url_meta":{"origin":1252,"position":1},"title":"Admiral staff pocket\u00a0\u00a33,600 after insurer gets &#039;back in the groove&#039;\u00a0","date":"March 1, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Admiral staff pocket\u00a0\u00a33,600 after insurer gets 'back in the groove'\u00a0","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69164,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/youngest-boss-of-a-listed-uk-company-steers-fathers-footasylum-on-to-the-stock-market\/","url_meta":{"origin":1252,"position":2},"title":"Youngest boss of a listed UK company steers father&#039;s Footasylum on to the stock market","date":"October 16, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Youngest boss of a listed UK company steers father's Footasylum on to the stock market","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4430,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-time-to-power-down-our-greenhouses\/","url_meta":{"origin":1252,"position":3},"title":"It&#039;s time to power down our greenhouses","date":"February 11, 2016","format":false,"excerpt":"\r Amid growing climate chaos, can we really afford, financially, ecologically, or morally, to be sowing tomato seeds in early February, just so we can pick fruits in June, asks John WalkerThis is an edited extract from John\u2019s new book Digging Deep in the Garden: Book One.For the youngest to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67864,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/agent-liam-collett-youngest-century-21-real-estate-owner\/","url_meta":{"origin":1252,"position":4},"title":"Agent Liam Collett youngest Century 21 real estate owner","date":"October 1, 2017","format":false,"excerpt":"\r While most millennials are struggling to buy their first home, 21-year-old Liam Collett owns a business selling houses.On August 1, at the age of 20, he opened Century 21 More Property Realty on Barrys Point Rd in Takapuna. 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