How to raise financially confident children

How to raise financially confident children (Photo: iStock)

Children should be taught about money as early as any other life skill, says financial literacy expert Patrick Wameyo. Long before they understand numbers, kids are already absorbing financial behaviours.

From the moment a child is sent to the shop or watches a parent talk about money, they begin forming impressions about it. Wameyo explains that children learn not only from what parents say but also from what they do, how they spend, save, invest, and handle financial challenges.