teaching kids about money will help them later in life
employers screen the candidates by doing a credit check – car loans , home loans , credit card companies – all do credit checks to decide whether to offer you a home loan and at what rate – depending on your past credit history – how responsible have you been with money
but at what age should you start ?
experts say – around the age of six – when the kids start learning about mathematics
between the age of 8 and 12 , you can start the concepts of saving and investing
between the ages of 16 and 18 – you can teach them what are loans , how banks work
some experts suggest letting kids make small mistakes and learn from them
it is important to follow what you preach – kids learn by example
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