It really depressing that the recent Gratton study shows today’s young Australians are in danger of being the first generation in memory to have lower living standards than their parents’ generation.
So I think its more important then ever for parents to teach kids about money.
So in this episode I cover my 5 top money habits to teach kids:
- Spend/ Save / Share
- How do you talk about money
- Lead by example
- Part Time Job
- Conscious Spending
The information (including taxation) provided in this blog is general in nature and does not consider your individual circumstances or needs. Do not act until you seek professional advice and consider the Product Disclosure Statement. The author, Adele Martin, is a Certified Financial Planner at Firefly Wealth which is an Authorised Representative of RI Advice Group ABN 23 001 774 125 AFSL 238429. The views expressed in the blog are solely those of the author, they are not reflective or indicative of RI licensees’ position and are not attributed to RI Advice Group. They cannot be reproduced in any form without the written consent of the author.