Little Genius Academy

  All responsible parents aspire to provide the best for their children. They seek to witness their children growing into successful, responsible young adults who can confidently face life’s challenges. Achieving these goals involves instilling good habits early on, with gaining financial literacy being the most crucial skill that young kids should have. Teaching young kids proper money management from an early age empowers them to make wise financial decisions. Begin by introducing them to basic financial concepts such as savings, budgeting, cash flow, etc. Here are 5 steps to instilling financial literacy in kids: Introduce the Concept of Money - Teach your children about the concept of money at an early age, explaining how different denominations work and how money is exchanged for goods and services. Introduce short-term and long-term financial goals to help them plan their finances when the time comes. Short-term goals help in achieving objectives like short trips or buying a gad