money skills

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 .