Making Cents: it's important to teach children about money and budgeting at a young age

"While Irish people can be uncomfortable discussing money at the best of times, and as parents we may prefer to shield our children from harsh realities, children are developing ways of thinking about and reacting to spending or saving."

Kids are becoming more conscious of sustainability - a good time to hammer home good habits

I came across a fascinating piece of research recently, which suggested children’s emotional reactions and behaviours around money can be formed when they are as young as five years old.

The University of Michigan surveyed more than 200 5-to-10-year-olds and used a range of questions to establish their emotional response to saving and spending. Separately, their parents were asked about their child’s reactions to spending and saving and their responses corroborated the information from the children.