How to Raise a Child Who Is Good With Money Being good with money is not a personality trait some people have and others do not. It is a set of skills and habits built through practice, experience, and the right environment. Here is how to build that environment...
How to Teach Kids About Budgeting Teaching kids about budgeting sounds formal and adult. In practice, it is simply teaching them to plan what they will do with their money before they spend it. Here is how to make that concept real and practical for primary school...
How to Talk to Kids About Money Without Stress Money is one of the most loaded topics in family life. Many parents either avoid it entirely or bring it up only in moments of tension – when something cannot be afforded, when a bill arrives, when there is worry....
Should Kids Earn Their Pocket Money or Just Receive It? The question of whether pocket money should be earned or simply given is one of the most debated in family financial education. Both approaches have merit and both have risks. Here is a clear-eyed look at the...
How to Teach Kids the Difference Between Needs and Wants The needs and wants distinction is one of the most fundamental financial concepts there is, and it is also one of the most accessible for primary school children. Here is how to teach it in a way that sticks...
What Age Should Kids Start Getting Pocket Money? The question of what age children should start receiving pocket money comes up constantly, and the answer is simpler than most parents expect. Here is a practical guide to getting the timing and approach right –...
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