Do your children know the value of money?
There is one subject that appears to be missing from the traditional school syllabus which is that of money and finance. We teach children about maths, we teach them to cook, we teach about religion and we teach them languages which the vast majority will never use in their lifetime. So why do we not teach our children the value of money at an early stage?
This is a mystery to many people in the UK as once you leave school you are thrust into the big bad world and will have to fend for yourself at some stage. Many people leave school and then leave home with no knowledge of the value of money or the standard cost of living. How much is a pint of milk? How much you pay for bread?
These are just some of the questions which many youngsters of today would not be able to answer then there is the issue of paying your electric bill, gas bill, poll tax and other such general costs of living which many people would never have heard of before leaving school. It is vital that we give our children, the next generation, a firm understanding of the value of money and cost of living before it is too late.
With credit cards and loans forced on to the laps of youngsters, is it any surprise that many fall into financial hardship at a very early stage?
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