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  2. Apr 13, 2021 · The new Internet Matters guide covers several key issues parents may be worried about, including what to watch out for with in-app purchases, how 'loot boxes' in games work and how to spot online scams.

  3. Feb 19, 2021 · Giving your little ones a strong grounding in the basics of spending, budgeting and saving can be vital to help them grow into financially confident adults able to easily manage their own personal finances. Like it or not, kids learn their money habits from their parents and caregivers.

  4. Aug 3, 2021 · In this episode, Hemphill shares her top tips for financial literacy for kids and families, including how to start those conversations and creating a healthy money mindset for everyone.

    • Shereen Marisol Meraji
  5. 'Financial education' is a catch-all term covering everything to do with managing your personal finances – from knowing the difference between spending on a debit card and a credit card, to understanding how things like budgeting, savings, pensions, state benefits and mortgages work.

    • Where we learn our money habits. Research shows that how we behave around money as adults is learnt early on when we’re young and observations we make of the world around us.
    • Get them familiar with money. Handling money is an important part of gaining confidence around it. Start by letting them see and handle coins, notes, and credit/debit cards.
    • Learning what money is used for. As they become more familiar with money, they’ll start to understand how it’s used day to day, including the different ways of paying for things.
    • Let them have a go. To gain confidence in their ability to manage money, they need to see that you have confidence in them. You can show this confidence in them through pocket money and helping them learn to save.
  6. Money management. Budgeting and finance tips to help you become an expert in your own finances. Help the young people in your life to make sense of money from an early age. Find out how you can teach kids about money and saving.

  7. Apr 17, 2024 · 1. Earnings. Unless we show children where money comes from, how can they understand the value of it? Teach children from a young age that you have to work to create money and that is how you afford to pay for essentials like food, council tax, household bills and mortgage or rent.

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