Teaching younger kids the value of money through real life situations will help them understand where money comes from and how it’s earned.
Sort My Money’s David Rankin believes that talking to children about money when shopping, paying bills, going to an ATM, and budgeting is a great way to teach them good money habits. When kids grow in a financially responsible environment, it becomes a part of their nature and it influences their decision-making as adults.
For more budgeting advice, email us at info@sortmymoney.com.au.