Teaching children about money management

This is a small video which we can use to explain some basics of money management to our children. Best way is show them this and ask them to explain it back to us. Then we can correct their understanding.

Some key lessons to pass on:

1. Importance of saving

2. Power of compounding

3. The two sides of Debt

Here is a simple activity book on money management for children that you can use. Click HERE