Gone are the days when financial intelligence was a subject that was reserved for a specific set of people of a specific age.
Now, based on reviews on Collected.Reviews, financial intelligence is a subject that should be taught to everyone including kids. Charity they say begins at home, and for kids, the home is their primary place of growth.
As a parent, it is important that you start instilling a savings culture on your kids from an early age. When you do this, they will grow with that mentality and make better financial decisions. Some helpful tips for instilling savings culture on kids from reviews about wealth management companies include:
1. Teach them not to buy what they don’t need
One of the challenges kids face with spending and saving is that they always want to get everything. Sometimes this is as a result of peer pressure from their …