FINANCIAL LITERACY FOR YOUR CHILD

Financial education for kids begins at home. Each year presents new opportunities for you to teach your kids about money. If you don’t have time to read extensive books on kids’ financial literacy, Mr. Smart Money is here to help! We’re a one-stop resource, providing parents with a step-by-step guide to teaching financial literacy skills.

According to a survey by S&P, only 24% of India’s population is financially literate; making it the one of the lowest in the world. It is important to be financially aware so that one can:

For many kids, personal finance is first learned outside the classroom. The education they receive comes from the financial habits they see around them—TV and the internet, family and friends. Some of what they learn is positive. Some of it isn’t.

Whether kids realize it or not, their early relationship with money can impact their finances as adults. This is why it’s so important for educators and caregivers to help them acquire the knowledge and skills they need to build healthy financial habits down the road.

To begin, kids should become familiar with the basic concepts of financial literacy. This includes core topics like spending choices, saving, and needs and wants.

Here are the essential topics that kids need to know:

Unfortunately, there are no structured courses available for student for get these fundamental and essential financial skill. We at Mr. SmartMoney are trying to bridge this gap. If you want to explore these courses and want to learn more about it then book your trial class now