But there’s one very crucial thing parents tend to forget: teaching kids financial literacy.
Sadly, most schools don’t focus on teaching personal finance. We are left on our own to experience and learn how to budget or save money.
Can you imagine what the world would look like if people are financially literate? How much difference would it make if we started learning at a young age? Aside from academics and technical skills learned in school, let us teach our children the proper attitude towards money. It’s always best to teach them while they’re young.
So, how do we teach children about personal finance? Here are eight practical tips to help you with that. [Read more…]