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Wise parents don't need flashy lessons to teach their kids about money. Instead they model a few behaviors that shape their children's lifelong understanding of financial responsibility.
The summer holidays are a great opportunity to teach about money. MoneyHelper shares tips on how to do so.
If your kids are likely to inherit and you're worried about how they'll manage, start talking about money and teaching common-sense habits as soon as you can.
Key points The top source of financial learning comes from our parents. Teach your kids that money does not grow on trees. Teach your kids that money comes from providing value to others.
Children don't have to worry about paying bills such as rent, food or car loans, but that doesn't mean they shouldn't learn ...