Save to learn. Learn to save.
When we think about financial planning for our children's future, the first thing that comes to mind is protecting and guaranteeing their education: school, university, a master's course, study abroad...
As adults, we're capable of foreseeing future needs, and inculcating the savings habit in your children from an early age is part of their education. Nothing new about that – generations and generations have grown up with a piggy bank.
- Knowing the true value of money is a crucial lesson, because money will accompany them throughout their life.
- Learning values such as effort and responsibility will make their future spending decisions more considered and less“ impulsive” .