Money Talks: My kids are spoilt, how do I teach them the value of money?

Carol Brick of Hermoney.ie does some straight talking about money management

Money Talks: It’s never too late to incorporate money lessons that will benefit your children for the rest of their lives.

I have 2 children aged 7 and 12 who have absolutely no idea of the value of money. I must admit that they are quite spoilt, so I only have myself to blame. Do you have any advice on teaching them the basics of money management?

It’s never too late to incorporate money lessons that will benefit your children for the rest of their lives. Here are some tips on how to introduce a level of financial responsibility to your little ones.