A 2020 survey by consultants, Censuswide, of 1,001 parents with children aged between five and 20, found that more than half of UK children aged six to 10 said they didn’t understand money.
Children start forming their spending and saving habits as early as seven, but unlike in other countries money management skills are not part of the core curriculum in England’s primary schools
The Scout Association is stepping in to lend a hand by launching a new merit badge in the UK all about money!
Do you think more needs to be done to teach kids about money? And whose responsibility is it to teach children these things? (Parents/ Government?)