Teaching children about money – our top 3 tips

hl.co.uk:

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Newsroom

Newsroom articles are published by leading news agencies. Hargreaves Lansdown is not responsible for an article's content and its accuracy. We may not share the views of the author.

HL Podcast

HL Insight

Archived article Tax, investments and pension rules can change over time so the information below may not be current. This article was correct at the time of publishing, however, it may no longer reflect our views on this topic.

We share our top three tips to help children learn more about money.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

14 August 2023

Children are also more likely to receive a financial education from age 16 onwards. Which isn’t ideal when children’s financial habits are formed by age seven.

So why do we start so late? And why aren’t more children taught at home and school?

It’s hard to control exactly what your children are taught at school. But parents can help make a significant difference from home, where children have their first real experiences with money.

Here are our top three tips to help your children learn more.

This article isn’t personal advice. If you’re not sure what’s best for you, ask for financial advice.

Just over half of parents felt confident talking to their children about money, so reviewing your own habits and financial knowledge will show its importance.

You can revisit good habits with our five key building blocks for