Inculcating financial discipline at a young age will go a long way in achieving life goals.
Teaching children about the importance of regular savings can help build a large corpus in the long-term.
Teaching children about debt and its impact on budget can help them understand the importance of using money wisely.
Teach children how to identify and achieve financial goals through planning and good monetary habits.
Health and life insurance are crucial for children to avoid financial hardships during emergencies.
Teaching children about the importance of having a contingency fund can help them handle future financial emergencies.
You can teach them to select appropriate investing instruments to ensure adequate liquidity.
Share your experiences with children to help them learn from your good or bad decisions.
Compiled By Himani Verma