Financial Literacy for Kids:

Financial literacy is the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being. The Organisation for Economic Co-operation and Development (OECD) defines Financial Literacy as a combination of financial awareness, knowledge, skills, attitude, and behaviour necessary to make sound financial decisions and ultimately achieve individual financial well-being.

Importance of Financial Literacy for kids:

Teaching kids' financial literacy from a young age comes with a variety of benefits, including:

How Can I Teach Financial Literacy?

Ready To Start Learning About Financial Literacy?

So, there you have it! By now, you've probably formed a stronger opinion on whether financial literacy should play a larger role in your children's education.

Remember, every child must start somewhere, and there's plenty of professional advice out there if you're finding it particularly hard to reason with your kids. By making it fun, and providing incentives, you can teach this important life lesson without even trying.
Fin Quest