How to raise financially confident children #finance

“I’ve spent my life building financial security, but I’ve never spoken to my kids about what happens when I’m gone. How do you even start this conversation?”

If you want to build your kids’ financial literacy, start with simple, practical tools. MoneySmart has great free resources, many banks run online school-holiday programs, and opening a basic bank account for pocket money helps kids learn to save and spend for themselves.

For older kids, the ASX trading game is a safe way to learn the basics of investing. There are also kid-friendly budgeting apps that let you transfer pocket money and help them practise managing their own spending.

There are plenty of free options online. Start early and keep it easy.

#finance #australianbusiness #taxplanning #businessowner #financialadvice #wealthplanning

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