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KIDS MONEY HABITS
Psychology says adults who keep the gas tank perpetually above half aren't overcautious; their body learned in childhood that running low meant something bad was coming, and topping it up is a promise they still keepMany people exhibit safety behaviors, such as always filling their car's gas tank. This habit stems from past scarcity and anxiety, not cur...
20 months of bearish markets: One additional letter that tells you which 'cheap' stocks are actually cheapMost investors live by one ratio. That ratio that tells them all they want to know – or should one say all they want to hear? They open a s...
Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
Husband takes Rs 25.06 lakh loan in wife’s name, runs off with car, jewellery & then seeks maintenance; HC slaps Rs 15 lakh cost on him for false affidavitA husband took Rs 25.6 lakh personal loans in his wife's name, spent the money on a lavish lifestyle, and fled with her car and jewellery. ...
Start early: 5 Smart money lessons every child must learn
5 money lessons Warren Buffett taught his kids that you can teach yoursWarren Buffett emphasizes teaching financial literacy early, starting from preschool, and highlights the importance of saving small amounts...
Are your money habits confusing your kids? Parenting tips to teach children about earning, saving and spendingIf you keep insisting on the virtues of saving before spending, but go on a spending spree the moment you get your salary, your child will ...
Money & relationships: Is your child lying to you about money?The first step here would be to understand the reason the child is doing so and taking corrective measures based on the reason as well as a...
How you can raise your child's money quotientIntroduce the child to complex financial concepts like planning his expenses or meeting financial goals. You can also expose the kid to the...
Money habits you should teach your kids and those you should avoidInstead of buying assets and hoarding money to secure your child’s financial future, just inculcate good money habits in them. This will he...
Money & relationships: 5 ways parents can pass on money-related anxiety to their childrenYour very money traits and habits form the foundation for your children's money behaviour when they become adults. Find out about your mone...
Tips to teach your kids basic money habits
How to teach good money habits to kidsManaging the allowance will teach your kids to make choices, prioritise and save for things they really want. This way they will learn that...
Money & relationships: How your money behaviour can affect your childrenIndulging in ‘financial incest’ by burdening the children with one’s money problems can damage their financial personalities.
5 good and bad money habits that can impact your child's financial futureThese money habits can cause a long-lasting effect on financial life of your kids. To avoid this, imbibe the good habits and forgo the bad ...
Good intentions that may have a bad impact on your child's money habitsYou may think you are doing the child a favour by not exposing him to financial problems, but you are actually making him ill-prepared to d...
9 steps to ensure your child grows up into a financially responsible adultA child’s money habits are shaped by the family environment. Be a responsible role model so that when time comes for them to be independent...
Want to know your child’s money personality?If you would like to find out about your kid’s financial leanings and how he is likely to shape up as an adult, then simply answer the ques...
How your bad behaviour can breed poor money habits in your kidsParents should set an example for their children and their behaviour should send the right, and not the wrong, message.
5 tools to help kids learn about moneyHere are some financial apps and websites, as well as an educational theme park, for children to hasten the process of learning.