WorldRemit shares tips on bringing up money savvy kids for financially stable future in Lebanon

WorldRemit shares tips on bringing up money savvy kids for financially stable future in Lebanon

NNA - Youth are tomorrow’s economy builders and are the base of sustainable economic growth and stability. Educating them to understand their financial responsibilities is a lifelong skill – one that will see our children through good and bad times. However, a skill should be taught from an early age. Financially responsible adults don’t just emerge like butterflies at the age of 18; they need a little help to find their wings.

Some schools may do their bit to teach financial literacy, but it is ultimately your guidance that’s needed. 

Imane Charioui, Director of Francophone Africa & Middle East at WorldRemit, has a few tips to help you teach your children to be money savvy as they grow into adults. 

1. Let’s talk money

Many parents may not want to chat about family finances in front of their children, but to nurture a child who’ll be in good financial shape as an adult, it’s really worth starting the conversation early – without, of course, bringing up any real financial worries.

So, consider chatting with the kids from an early age about routine purchases like food, paying for education, transport, and holidays. Discuss the difference between the things you need such as food, water, heating, and