S1E228: When kids think credit cards are magic

Early financial education can empower children to avoid debt and parental mistakes, fostering financial independence. But how early is early and how do you rectify the mistakes you've made and ensure your kids don't pick that up? Howie Lim speaks to the experts to find out.

Synopsis: Every Monday, The Business Times breaks down useful financial tips.

Highlights:

01:10 Good habits are better than good intentions

03:20 Kids don't learn from lectures

05:30 Can kids grasp compounding?

09:00 Financially reset yourself?

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Send us your questions, thoughts, story ideas, and feedback to [e-mail].

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Written and hosted by: Howie Lim ([e-mail])

With Dawn Cher, author & founder of SG Budget Babe; and Janice See, financial literacy educator with Junior Achievement Singapore

Edited by: Howie Lim & Claressa Monteiro

Produced by: Howie Lim & Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

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