RR Phantom
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| Subject: How To Teach Kids About Money Fri Mar 18, 2016 12:11 am | |
| Who else remembers how much pocket money they received as a kid? Or the experience of finding a gold coin left by the tooth fairy? Or saving up to buy that thing, whatever it was, that Mum and Dad wouldn't buy you so you had to save up all by yourself?
If any of these memories has struck a chord, it might be because money is a larger part of the average Australian childhood than you might originally think.
"What we have found is that your childhood experiences play a significant role in shaping attitudes, beliefs and behaviours about money," Sunitha Chamala, financial planner and member of the Financial Planning Association of Australia told The Huffington Post Australia.
"These habits stick with you for life, and establishing those habits in children is much easier than trying to change them down the track. Changing bad habits later on is much harder than instilling them from the beginning."
As a parent, Chamala says one of the most important things to do is to avoid raising your kids with a false sense of entitlement.
http://www.huffingtonpost.com.au/2016/03/16/kids-and-money_n_9466130.html?ncid=edlinkauhpmg00000001 |
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