How do money experts talk to their children about spending and saving? And how are they preparing them for an uncertain financial future?
Money habits are shaped in childhood. Photo: Getty
Manners and general tips for good behaviour are usually high up on the list of life lessons parents want to teach their children.
Yet educating children about money can sometimes be less of a priority. When do you start letting them know that money does not in fact grow on trees? When should you talk to them about budgeting and how do you prepare them for a world where buying a home might seem like an impossible task?