Empower your kids' financial wellbeing

Money matters. There is no denying it. Money is a powerful resource and an unavoidable part of our everyday lives. It is considered one of the biggest and most consistent sources of stress in our lives, commonly affecting our emotional and physical wellbeing and creating tensions in our relationships.

A 2015 Australian Psychological Society report revealed that financial issues are the top cause of stress for Australians, and have been for a considerable period of time. Yet teaching our kids how to navigate this stress and nurture their financial wellbeing is often an area of parenting that is neglected.

So many of us are rushing through life, doing jobs we don’t enjoy, buying things we don’t need to impress people we don’t like, that we forget to consider what we value and what role we choose for money to have in our lives. Is it any wonder that we (and our purses) are feeling burned out? We certainly don’t want to pass this on to our children.

Every day, like us, our children are going to make a multitude of choices about money. How to earn it, spend it, save it, share it and invest it. If we