But while kids know their priorities (candies! Toys! Computer games!) as consumers that doesn’t mean that they’re wise spenders. So, if you have been postponing the money management talk with your kids all this while, this is the right moment to teach them about personal finance. There are many ways to break the ice and discuss money without causing your child to lose interest or perceive the topic as boring. Here are eight pointers on how to instill good spending habits in your child that would last for a lifetime: Teaching your children about financial responsibility is a way to ensure their future. It’s one skill that they will treasure and give them a better life.
