Top 7 Websites to Teach Kids about Financial Literacy
Before moving to the topic on the top 7 websites to teach kids financial literacy, let’s do a small exercise: List down the top concerns in your life right now. Take a moment to do this, and once you’re done, read ahead. I bet that among your top concerns, just like most adults, you’d most […]
The Need for a Financial Literacy Program
Our education system mostly focuses on short-term career goals over long-term life goals. Given the way the system’s designed, most students and parents end up focussing on marks over their learning and skills. Why not. Marks indicate performance levels, and are required for admission to college and further courses. These courses, in turn, are designed […]
Financial Faux Pas: The Comically Money Mistakes We’ve All Made
Everyone’s been there – making financial choices that seemed like the best idea at the time, only to realize later that our personal finance knowledge could use some improvement. Let’s look back at those times and dive into some comical financial faux pas most of us have made at least once. 1. Budgets? Who Needs […]
The Harmful Effects of Paying Children for Chores – Parental Guide
Let me get this clear. At times, paying children for household chores is quite okay. It’s fun too. But as a parent, we must always be scared of overdoing certain things while bringing up children. This may be one of those things. I’m scared of the new age finance applications or cards that tout rewarding […]
The Difference Between Frugal and Cheap: Why it Matters for Your Finances
“My dad’s cheap.” “And why would you say that?” “He keeps buying all this used stuff!” “Hmm, that may not necessarily be cheap. But what did he buy?” “He recently bought used golf clubs! Why would one even waste money on them? And even if he did, why buy used stuff?” “If he’s not a […]
Why Do People Buy Expensive Brands?
Have you ever wondered why people buy expensive iPhones when there are cheaper alternatives available? The same goes for other products, like handbags, wallets, and clothes. Why do people like to flaunt expensive brands they buy when there are better alternatives available at a fraction of the cost? In this article, we will explore the […]
The Link Between Financial Health and Overall Well-Being
Our financial health, physical health & mental health together define our overall well-being. But while there’s strong co-relation among the three, we often speak of our healths in isolation. Our three healths are intertwined among each other. Our financial situations can cause stress and insecurity which can lead to anxiety, depression, and other mental and […]
Money Lessons for Kids: The Importance of Financial Literacy Education
Financial literacy is an essential life skill that can help individuals make informed decisions about their finances and achieve their financial goals. By teaching children about money from an early age, parents and educators can help them develop good financial habits and set them up for success in their future financial endeavors. Saving One of […]
What is the right age for financial literacy?
To tell you the truth, when we launched Finkeyz financial literacy program a couple of months back, the original view was to offer financial education to children over 11 years of age (6th grade onwards). However soon we started receiving enquiries from parents whose kids were as young as 8 years. While we hesitated to […]
Greed of Money, and using Money as a Tool
We often confuse money with our goals. While at times the line is indeed blurry, by itself, money is not a goal. Money is a means to achieving our goals. Let’s take a few statements to understand ‘money as a tool’: Figure out the goals in the above examples. You’ll see that money is a […]
