Category: Money tips for kids

Why I Chose To Spend My Free Time Writing Books On Sustainability

Many people are keen to understand why a banker like me chose to write children’s books on sustainability – and the most frequent question I get is how do I find the time, on top of a demanding day job. My only answer to the finding time questions was “I don’t do Netflix”. As for […]

Teaching Kids Money: The Right Way

I came across a recently published article by the Bank of England on financial education for children. If you’d like to read the article, you can click here. Here are some important points that the article discusses: According to research done, only about a quarter (27%) of kids in the UK enjoy learning about money at […]

My Innovating Advice: Develop Women’s Financial Confidence

My Innovating Advice: Develop Women’s Financial Confidence   I was fortunate enough be invited as guest speaker on Kate Holmes’ Innovating Advice podcast. I got to talk about my advocacy for women’s financial confidence and the risks women face in wealth and finance. My advocacy on gender and pay equality came to be when I […]

Teaching Kids About Sustainability

In our busy daily lives, one thing that we don’t always spend enough time on is teaching our kids about responsible and conscious living. However, I believe that an important (and often overlooked) aspect of any financial parenting is sustainability. Why Teaching Your Kids About Sustainability Is Important What kind of world do we want […]

SmartPurse Event: The Importance of Teaching Kids About Money

Last April 21, I had the pleasure of delivering an online webinar hosted by SmartPurse. I was invited to talk about “How To Teach Your Kids About Money” in their Weekly Money Hour session. In this webinar, I got to talk to fellow parents about the importance of teaching your kids about money. I discussed why […]

How To Teach Your Kids How To Save Money

One thing that I want to talk about that may seem very obvious is how to teach your kids to save money. I talked about how important it is to teach your kids about money, to give them an allowance, and to open a bank account for them. Now, I want to talk about concrete […]

Banking With Kids – Why Is It Important?

Part of any proper financial education is banking…and with that banking with kids becomes very important. Banking is the most important (and most basic) financial institution. Everyone will encounter the bank at some point in their lives, right? So it’s much better for your kids to be familiar with banking sooner than later. With my previous […]

Bank Account for Kids — Do They Need It?

In my previous posts, I discussed allowances and ways to creatively pay your child. For this article, I want to bring up the importance of opening a bank account for your kids as early as possible. Here are some arguments why opening a bank account for your kids early on is one of the best things to do: […]

Do I Use Technology To Teach Kids About Money?

Go Analog or Go Digital? The ever-growing digital space surrounds us every day, including banking and shopping. And as such, it is also extending to day-to-day financial parenting! In-app stores, we already see parenting-related apps that support maintaining a household and managing kids’ chores. With this in mind, I’m sure a lot of you are […]

Should I Let My Kids “Earn” Their Allowance?

Fixed Allowance vs. Chore-by-Chore Allowance One dilemma that parents face is whether to give your kids a fixed allowance or a chore-by-chore allowance. Some parents want to instil the value of working hard for money at an early age. So what they do is that they put a corresponding amount per chore and then kids […]