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Encourage second-hand spending

Children will often trade items with each other, in the playground or at their houses afterwards. Looking back, I was able to collect the amount of computer games that I did because I bought them off my friends after they had finished with them.

Nowadays, technology provides more forums for second-hand purchases with the rise in popularity of social media. Online car boots enable children to find new ways of purchasing items, as well as selling their own unwanted toys. Be careful where and with whom they are trading, however.

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Although educating children in financial matters can be time-consuming, the importance of enabling them to develop good money-spending habits cannot be underestimated.

In the capitalist society that we live in today it is unclear what the most useful topics of education for the future are.

One thing that will be certain, however, is that money will be a big part of the immediate future and educating children to handle it correctly is essential.

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Encourage second-hand spending

Children will often trade items with each other, in the playground or at their houses afterwards. Looking back, I was able to collect the amount of computer games that I did because I bought them off my friends after they had finished with them.
Read More
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Customer value chain

Nowadays, technology provides more forums for second-hand purchases with the rise in popularity of social media. Online car boots enable children to find new ways of purchasing items, as well as selling their own unwanted toys.
Read More

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The education system is constantly changing as the government attempt to fit our children into an unpredictable future society. However, when planning the next curriculum, how much thought do the government put into teaching them life skills such as managing their finances?
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