Designing Financial Future for NextGen

YOUR CHILD’S FINANCIAL LITERACY SKILLS LAY THE FOUNDATION FOR LIFELONG SUCCESS

FINANCIAL LITERACY FOR YOUR CHILD

Financial education for kids begins at home. Each year presents new opportunities for you to teach your kids about money. If you don’t have time to read extensive books on kids’ financial literacy, Mr. Smart Money is here to help! We’re a one-stop resource, providing parents with a step-by-step guide to teaching financial literacy skills.

“The Biggest Mistake parents make when teaching their kids about money is that they do not start early.”

-WARREN BUFFET

The Need of Financial Literacy in India

According to a survey by S&P, only 24% of India’s population is financially literate; making it the one of the lowest in the world. It is important to be financially aware so that one can:

  • Make smart and sound decisions.
  • Plan for their future and accomplish short and long term goal.
  • Become money-wise and appreciate the value of money.
  • Achieve financial independence

    Money Lessons that every child should learn

    • You may have to wait to buy something you want
    • You need make choices about how to spend money
    •  Money doesn’t grow on trees it needs to be Earned
    • The sooner you save, the faster your money can grow from compound interest
    • Make budget and live within our means
    • Save until you have the ability to purchase without credit

    Live 1:1 Finance Coaching for Kids and Teens of Age 8-16

    YOUR CHILD’S FINANCIAL LITERACY SKILLS LAY THE FOUNDATION FOR LIFELONG SUCCESS

    What is Financial Literacy?

    For many kids, personal finance is first learned outside the classroom. The education they receive comes from the financial habits they see around them—TV and the internet, family and friends. Some of what they learn is positive. Some of it isn’t.

    Whether kids realize it or not, their early relationship with money can impact their finances as adults. This is why it’s so important for educators and caregivers to help them acquire the knowledge and skills they need to build healthy financial habits down the road.

    To begin, kids should become familiar with the basic concepts of financial literacy. This includes core topics like spending choices, saving, and needs and wants.

    Here are the essential topics that kids need to know:

    • What’s money?
    • Money must be earned
    • Money is used to buy things
    • There’s a difference between “needs” and “wants”
    • Money should be spent wisely
    • Saving gives us money to spend in the future

    Unfortunately, there are no structured courses available for student for get these fundamental and essential financial skill. We at Mr. SmartMoney are trying to bridge this gap. If you want to explore these courses and want to learn more about it then book your trial class now.

    Webinars and Workshops

    Financial Literacy is a journey and we keep on organising webinars and workshops. Check out the list of our recently conducted webinars.

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