Were you ever taught financial literacy? Did your parents ever talk to you about money? Do you feel that you are adequately equipped to become financially free?
Research says that by the time a child is seven, they’ve already formed financial habits (they learn by simply watching their parents), and so it’s important to both TEACH and DEMONSTRATE good financial practices from an early age.
My guest this week, Gugu Sidaki, talks family responsibility (and the importance of planning for it), financial literacy for children, and the concept of being financially free.
“Money is an enabler”, she says, “if you’re able to educate somebody about managing their money, you’re literally able to change their lives.”
