Being a financial literate is not limited to adults alone as the children also need this knowledge in the early stages of their lives. Am sure the question that comes to mind is; these children do not make money yet, so why do they need this knowledge?
Answering the question above, it is true that the children do not make money yet, but this is an investment in knowledge and believe it or not, it pays the best interest. Financial education is about ensuring our children is educated on how best to manage finances, which is a way of securing their future right from the very moment the knowledge is impacted.
What is the importance of this knowledge?
It is well known that the children imitate their parents and with this knowledge, we parents should try to set an example that will portray what we preach. Imparting knowledge cannot just be done by word of mouth. What differentiates a footballer from a football analyst is the fact that the footballer is playing on the field. Therefore, instead of just telling the children how to be financially disciplined, as parents, it is best we show them from our act.