‘Child is the Father of Man’ is a well-known proverb that symbolizes how lessons learnt in childhood are carried forward into adult values and habits. One key learning that starts in childhood is the attitude towards money, as saving and spending habits in an adult are influenced by what they learnt as children. Parents can consciously develop the habit of saving by their kid a piggy bank. Or, regulated pocket money teaches a child the concept of financial management.
Here are six innovative ideas to instill responsible money habits and financial savvy in your children.
Infographic by – On Stride Financial