Wealth & Money
Obtaining and sustaining financial security requires being financially literate. It doesn’t mean you have to acquire an advanced degree in finance and accounting, it just means you have a grasp of basic financial concepts such as earning income, spending, saving, investing, budgeting, taxes, credit, and gifting – because each element informs your lifestyle today and into the future. Therefore, it's important for children to have a foundational understanding so that they become, and remain, financially self-sufficient.
It’s easy to put off learning about finance until the adulting stage but the reality is your relationship with money (and the value you attribute to it as an adult) is developed like any other personality trait – it begins in the early formative years of life. That’s why teaching kids basic money skills can (and arguably should) start as early as possible.
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