money skills

Will your teenager be making money over the summer break? If they have few financial responsibilities, you may be worried they’ll spend it all on frivolities rather than sensibly saving. So, how can you encourage them to make smart decisions with their money ?

Jason Higgs, the Senior Deals Strategist at Bountii , explains how you can teach your teen to build their savings....

Teaching your children about money from a young age is essential to equip them with the knowledge and habits they need to make informed financial decisions throughout their lives.

We recently conducted a survey across 2500 parents with children aged 21+ which revealed 28% still bail their children out financially.

Finance expert Gary Hemming, from ABC Finance gives us a...

• Money management is the life skill parents most want their children to learn at school
• One in six (16%) parents worry their children will struggle to live independently due to the lack of life skills taught in school
• Nine in ten children (91%) leave school without any understanding of mortgages
• More than four in five (81%) children in the UK leave school
...

Finance can be a difficult topic to tackle with young children, but teaching them to have a healthy relationship with money from a young age is important to lots of parents around the globe.

With this in mind, financial experts from money.co.uk have compiled a list of their top 10 tips for teaching your children about money .