Full list of things parents need to teach their kids about money, from saving to bills
Young kids can be told a simple message about them being paid from bank accounts.
Explain the limits you have, such as how much you spend on groceries and why you’re cutting back on energy at home. Remind children to check with you before subscribing to anything.DEBT ISN’T ALWAYS BAD Mal’achai, 11, uses the GoHenry app to set his targets and watch the savings tot up, and has a debit card that can be used in shops.
SCOUT leader Andrew Thorp, 41, has helped 18 boys and girls aged between six and eight to get their Money Skills Activity Badge.Scout leader Andrew Thorp, 41, has helped 18 boys and girls aged between six and eight to get their Money Skills Activity BadgeThe dad-of-three, from Enfield, North London, said: “Every family is facing a different challenge financially and we need to make young people aware of that.
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