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Financial education at a young age pays off

Financial education at a young age pays off



  • According to the research, seven-to-11-year olds who have received lessons in saving money and working toward long-term goals, are better able to understand financial decisions and the consequences they will have. Furthermore, many children displayed an increased ability to:
  • Delay gratification (68%)
  • Actively save for something they want (70%)
  • Understand savings-related words, including ‘habit’ and ‘budget’ (55%)
  • 91% of teachers say that children who receive financial education are more likely to grasp the concept of the ‘cost of living

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