Money Magazine

Teach the children well

We live in a financial world where all choices come down to what we can afford, so it makes as much sense to instil in your children an understanding of finance and investing as it does maths and science. But when and how do you do it?

Probably the most important thing to do is involve them in financial conversations and lead by example. Actions have a greater impact than opinions and it’s no different when it comes to teaching your children valuable lessons.

“Your beliefs become theirs,” says Vanessa Stoykov, chief executive of Evolution Media.

“Whatever you learn from your parents is usually how you manage money, or you do the

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