Who said financial skills are just for grown-ups? Teaching kids about money provides them with a toolbox that will be incredibly useful through life in making confident and informed decisions in the future.
And its importance goes well beyond money itself. It can be the foundation upon which key skill sets are built, such as ethics, empathy, organisation, time and risk management. Of course, the style and approach is personal to every parent, but if you’re not sure where to start, check out these handy tips.
As we all know, kids are blank canvases, eager to absorb knowledge and understand how things work. As adults, we’re responsible for planting good seeds and leading by example. If you’re teaching your children about the importance of waiting, for example, try to avoid impulse buys. The bottom line is, you can use these moments to get a more complete picture of your money habits, and teach yourself a lesson or two.
After all, that’s the beauty of financial planning: there’s always room for improvement. And of course, encouraging saving and smart spending habits is an important step towards building a money-savvy future. You can start with making saving fun, and introduce more sophisticated saving strategies as your children grow. Meanwhile, feel free to contact us at any time if you need help developing a financial plan that suits you and your family.
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When life throws a curve ball or two and you need to claim on your insurance, having the knowledge, expertise and guidance of your insurance adviser makes all the difference.
It’s your adviser’s job to guide you through the process; to help you understand what you can claim; to represent your interests with the insurance company; to make sense of the various forms and process. Ultimately, they’re there to make claim time as stress-free as possible and to help you receive your pay-out in a timely manner.
People insure their car, furniture, luggage and even their pets - but often neglect to insure their hard-earned lifestyle. Left uninsured, which would be the greatest loss?
Purse strings may be tight today, but you'll still want to keep your long-term financial goals on track. We all like to think “it’s never going to happen to me”, but accidents and illness can happen. And some of us die too soon. Life can be unpredictable, which is why many of us decide to protect ourselves with some form of life insurance and disability.
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