Commissioned by Eastspring Investments, the Asia Money Parenting survey was conducted among 10,000 parents across 9 Asian countries to find out how parents across the region engage their children about money matters. It revealed 5 money parenting personas that differed based on: the extent of parents’ involvement, the importance parents placed on money parenting, and the level of the parents’ financial knowledge.
All parents know that at some point we have to start teaching our children about money. But when? How? Do we even know enough to teach them? Read on for some useful tips to teach your children the basics of money and improve your own knowledge in this area.