In a world where financial decisions are made daily, equipping children with financial literacy from a young age is a necessity, said Rose Miller, financial education consultant with the JN Foundation.

“Early education in money management lays the foundation for responsible financial behaviours” Miller pointed out.

She said it is important that children develop a healthy relationship with money, one that fosters responsibility, confidence, and purpose. “It’s not just about saving for a toy or a phone.; it’s about nurturing a mindset that sees money as a tool to achieve personal and financial goals and do good,” she said.