Experts say an early grounding in financial literacy aids children as they grow to adulthood.
Parents in Kildare are being advised to introduced education about money to their children when they are young.
This includes teaching small children the difference between need and want in terms of their purchases, and supporting them in developing savings habits.
Experts say an early grounding in financial literacy aids children as they grow to adulthood.
There is some debate, however, about whether parents in a position to give pocket money should link that to household chores.
Frank Conway is a Financial Advisory and founder of MoneyWhizz.
He joined Clem Ryan on Thursday's edition of Kildare Today.
How do financial experts teach their children about money? Financial adviser and founder of #MoneyWhizz Frank Conway will be along with tips on #KildareToday in the next 10 minutes.
— Kfm Radio (@kfmradio) July 8, 2021