Motley Fool: Make Your Child A Money Expert
August 25th, 2006 | POSTED BY ROB
Imagine your children being taught basic finance skills such as household budgeting, debt management and balancing chequebooks. Top that with the vitally important understanding of compound interest and other investment principles and you’d feel your kids were equipped to manage their finances in the real world, wouldn’t you?
Unfortunately, in the UK, such basic skills are not yet a compulsory part of the school curriculum - children will not be required to learn such things as part of their maths GCSE until 2010 although certain aspects of looking after money can form part of the Personal, Social and Health Education (PSHE) & Citizenship classes where schools choose to teach it….
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