An oftentimes overlooked subject when it comes to effective parenting, empowering children with financial literacy from a young age is one of the greatest gifts parents can give to their children. As the world becomes increasingly complex, teaching your little ones about sound financial management isn’t just about educating them about what rands and cents are or, how money works; it’s about equipping them with the skills and knowledge to navigate a financially savvy future.

From the basics of budgeting to the intricacies of investing, instilling sound financial habits early on sets the stage for a lifetime of positive financial well-being. Here are a few thought-starters on how to get your children into the habit of practicing good money management.

 

To read the rest of the article, follow this link Thabo Qoako | Teaching your children financial savviness | Insurance Biz

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