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How are parents teaching kids the value of money in today’s digital world?

13 August 2018

Money & Life team

Money & Life contributors draw on their diverse range of experience to present you with insights and guidance that will help you manage your financial wellbeing, achieve your lifestyle goals and plan for your financial future.

As part of their Financial Planning Week campaign, the FPA conducted national research with The Curious Co. The Share the Dream national survey of 1,003 Australian parents of children aged 4-18, gives new insights into our nation’s financial capability and readiness to share the dream with the next generation. Did you know that two thirds of Aussie parents believe digital money is making it harder for children to grasp the value of money?

However, those who have sought advice from a financial planner have the most frequent money conversations with their kids and are most likely to believe their children are equipped for today’s digital money world. This 18-page report is a fascinating read and a great insight into how ready we are as a nation to pass on healthy money habits and skills to the youngest generation.

You can download the report here.