Talking About the Economy
We all talk about it, but it can be a bit hard describing the economy to kids. Here’s a few easy ways in
Here at RoosterMoney HQ we know building good money habits isn’t just about having a pocket money routine, it’s about all those little conversations and money management decisions that go along with it too. So we’ve pulled together a few guides that should help with some of those areas. We’ve split them into two categories ‘talking money’ and ‘managing money’.
We all talk about it, but it can be a bit hard describing the economy to kids. Here’s a few easy ways in
Have your children just asked you ‘what is the stock market?’ Try this simple, fun guide from the educational pocket money app for kids and parents, RoosterMoney.
Allow those at the beginning of their lives understand how finance affects us all at the very end, with this children’s primer on inheritance tax.
Prices are rising, so maybe it’s time to raise the topic of inflation with your kids. Try reading through this primer with them – it should help
Do you understand how saving for later life works? Could you explain it to your kids? Try reading through this primer with them, and it should help
Do your kids know what a bank statement is? How would you describe one? Here’s a few easy ways in.
How well do you understand this new, digital money? Could you explain it to your kids? Try reading through this primer with them, and it should help
Have your children just asked ‘what is a mortgage?’ Try this simple, fun guide from the educational pocket money app for kids and parents, RoosterMoney.
It’s one of the few things we can rely on in life, but can you explain the basic ideas behind tax to your kids? Try this simple primer, which should help you break it all down for younger minds.
Don’t know how to explain banks to kids? Here’s quite a few ways in, all of which should help to foster financial literacy in children.
Finding it hard to explain money to your children? Then try these ways in, all of which should help to foster financial literacy in children.
Compound interest is the super power that expands your savings – or makes a mountain of debt. The earlier you understand compound interest, the earlier you can start making the most of it!
Talking about the different methods can help kids realise plastic cards aren’t a magical source of money!
