Helping your children to manage their money

Updated: Jul 16, 2020

Article - City Press - Maya Fisher French

As a mom, my goal is to see my two children grow up to be independent and to stand on their own two feet. A big part of this journey is financial education. You can give your children the best academic education you can afford, but if they don’t manage their finances, there is a good chance you will be bailing them out at some stage.

I recently had a great opportunity to role-play financial life skills with my eldest son. Along the way I learnt a bit more about why we sometimes struggle to manage money.