Why is financial education essential for children?
Surprised? As early as the age of 7, children understand the concept of money using their limited intelligence. Most Indian parents ignore this important theme in their children’s growing phase. When parents spend money, they also send wrong signals which children tend to pick up unknowingly. As a child you may have also spent money blindly by just observing your mum and dad. As one of the best schools in Boduppal, Hyderabad. Siddhartha Public School gives importance to financial literacy too. Does this not make you feel that your children should not make the same mistakes? At Siddhartha Public School, we also help parents impart money lessons to children. Importance of financial literacy for kids early in life makes them prudent before they are handed over money. You need to be the ideal role model and this article is designed for money management techniques that children will understand. Next time when you give pocket money, there will be a drastic change in their a...