Mini Money Matter: Instil good habits early


How do I do that? There are plenty of tips and each family is different, but the overwhelming consensus is that you start by talking openly about money with your children – making them part of the family finances.

There was some debate recently about an initiative by the government’s MoneySmart program to provide a package for teaching primary school children about basic money matters. But MoneySmart was spot on: the sooner your children learn good financial habits, the more likely they are to keep them when they get older.

Read MoreĀ http://www.smh.com.au/money/planning/mini-money-matters-instil-good-habits-early-20120911-25owl.html

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