Money & Parenting
By identifying these financial mistakes and implementing practical strategies to avoid them, parents can foster a culture of financial literacy within their families.
By identifying these financial mistakes and implementing practical strategies to avoid them, parents can foster a culture of financial literacy within their families.
We are thrilled to invite you to an exclusive breakfast launch of the Moski Financial Literacy Programme and “The Investor” Edwin Kiarie’s new book at the Best Western Meridian Hotel, Nairobi, on September 7th, 2024.
As parents, we all want our children to grow up with a strong foundation in financial literacy. After all, understanding money management, budgeting, and saving are crucial life skills that will serve them well in the future.
Teaching your child about money management is a crucial life skill that takes time to develop. Start early, and lay the foundation for a strong financial future. From ages 3-13+, use age-appropriate milestones to guide your child’s financial education, and make learning fun with Moski.
By supporting your child in achieving a healthy balance of all four money personalities, you’re setting them up for long-term financial success and a positive relationship with money.
Teaching your children the power of discipline and habits is a gift that will serve them well throughout their lives. By helping them overcome setbacks, celebrating small wins, continuously reviewing and adjusting their habits, and seeking accountability, you’re setting them up for long-term success.
Creating effective habits is not an overnight success story, but rather a gradual process of consistent effort. but with the 3 R’s – Reminder, Routine, Reward – you can pave the way for success
As you guide your child towards financial literacy, you’ll simultaneously undergo a personal transformation, gaining valuable insights into your own financial beliefs, values, and behaviours, and emerging with a renewed sense of financial confidence and clarity.
Identifying areas for improvement is a crucial step in developing personal discipline and habits. By taking the time to reflect on your current financial habits and discipline, you can identify areas where you need improvement and create a plan to move closer to your goals. Remember, small, consistent actions can lead to significant results over time.
Welcome to the concluding part of our series on educating teens about personal finance. This installment focuses on saving and investing, crucial for long-term wealth and financial security. We guide parents on teaching their teens to set saving goals, create plans, and learn about investing. Engaging their interest by setting up a savings account and tracking progress helps instill financial responsibility. Encouraging continual learning and growth in financial knowledge is essential for their success.
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