When my daughter was 10 she asked me if I was a ‘saver or a spender’; I asked her to guess, and she said “a saver”. I asked her the same question back; she replied that she was a spender, but that her sister was a saver.
Research by the University of Michigan recently showed that children as young as five may have already formed distinct emotional reactions to spending and saving money, so why is it that we are still not preparing primary and secondary school children adequately in financial matters?
