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Latest Posts on Taming the Pound
Category : Children
How can we teach financial capability
This is a companion piece to “What’s the problem with financial capability?” There I suggested some issues with the practice of teaching financial capability. Here I cover questions asked about how to implement the ideas, and objections to changing … Continue reading
What’s the problem with financial capability?
It sounds easy to teach – just teach financial skills. So why doesn’t that work? A few reasons. We think of financial capability. But finance is only one tool in life, there are many others. There’s making good … Continue reading
Financial Education 2013
There’s good news, and bad news. The good is that people seem to be realising one of the core messages of this site, the training I do and the book – money isn’t a goal, it’s a means … Continue reading
Teaching children about money
I got asked about children and pocket money following research which found that parents are encouraging children to work for their allowance. There were some good questions asked – they’re all actually answered in the book Taming the Pound … Continue reading
Posted in Basic concepts, Children
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Educating children
I don’t usually focus on other people’s work, but I thought this was impressive. It’s by Rob Diener (who is somebody for whom I have great admiration) one of the world’s leading experts on positive psychology. He’s essentially … Continue reading
Posted in Children
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The happiest days of your life
A report was recently issued about what children need to be happy. I don’t want to be uncharitable, but I didn’t have quite the same reaction of “this is a revelation” that some had. That’s probably because I’ve spent … Continue reading
Posted in Children, Values
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Deferring Gratification
If you see a pair of shoes, a gadget or whatever your favourite “impulse buy” is, can you just ignore it? If you can, well done! How about if it is on sale? Can you convince yourself that it makes … Continue reading
Posted in Basic concepts, Children
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Paying for adult children
I was asked to do some radio interviews today. Some research funded by the Coventry Building Society showed how much money parents are actually likely to pay for children for things like a deposit on a house, university fees, weddings … Continue reading
Posted in Children, Current financial events
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Save the children
Obviously, there is a lot said about money at the moment, with the economic situation. So, equally obviously, we teach children about it so they can function in the world – that being one of the points of … Continue reading
Posted in Children
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Going to university
It’s going to get more expensive to go to university. Having designed a lot of selection systems and coached quite a few people to “pass” systems other people have designed, I’ll give you the benefit of that experience in a couple of questions … Continue reading
Posted in Children, Values
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