My child needs a credit card? Yes I can almost hear you now, but there is a method to my madness so read on! You may have seen one of my previous blogs – Pocket Money Management – which touched on the need for financial education in children. It is something that I have long advocated and extremely passionate about….
Money management can help to reduce the risk of your child getting into unmanageable debt later in life. We place incredible importance on education in the UK, however, financial education is something that is almost never taught to children. This can lead them to make avoidable mistakes in the future that could burden you as much as it does them….