Money makes the world go round – and that’s why children need to learn about it as soon as they possibly can. But no matter what kids learn about money at school, they need to become more familiar with it at home, according to financial experts. It’s a concept that can be difficult to understand, especially for younger children, so Lakhani suggests using practical examples to help. How to keep money safeThe best way to help children learn this money lesson initially is by giving them a piggy bank to store their money in, says Lakhani. “Giving a child a piggy bank gives them a safe place to store their money, and parents an opportunity to talk about why it’s important to keep money safe,” he explains.

Source: The Star March 16, 2026 05:01 UTC