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Talking to Kids About Money

Posted on 05. Mar, 2010 by emilythomas in In The News

I came across this brilliant BBC article, ‘I would pay £3,000 for a big house’ that reveals children’s attitudes toward money. BBC  staff talked to a group of six students, all aged nine, from Cedarwood Primary School at Kesgrave, near Ipswich, about money matters. They were: Grace, Caitlyn, Keyara, Edward, Verity, and Ben.

I was surprised to see many of the children’s responses showed a basic understanding of money matters. But I was most amused by this question and answer – when the reported asked the children “If you had £1m, what would you do with it,” Caitlyn replied “I would drive to London, earn another £1m, then I would pay the Queen for her house. She can live in my old house.”

To read the full article, click here. Also check out some of my blog posts related to kids and money.

Tags: kids and money, money management for older children, teaching kids about money