How to raise financially savvy kids

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Mother and toddler girl getting money out of a piggy bank. (PHOTO: Sally Anscombe for Getty Images)
Mother and toddler girl getting money out of a piggy bank. (PHOTO: Sally Anscombe for Getty Images)
Sally Anscombe

“In an age where we pay accounts online, and make purchases at the supermarket with a piece of plastic, children don’t get to understand the value of money. Children need to learn that even though they can’t always see it, money is real and it doesn’t grow on trees, or out in cyberspace for that matter,” says Robyn Farrell, Executive Head of 1st for Women Insurance.

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