Teaching Kids To Be Money-wise
Last Update Date: 06-10-2026
Published by BW Businessworld
Abhishek Kumar's role: Quoted
Abhishek Kumar said pocket money gives children a say in whether to spend or save, and that used well it teaches them early how money choices work, preparing them to handle money as adults.
More of Abhishek's views on money management
The article looks at ways parents can build money sense in children, from pocket money and allowances tied to chores to bank accounts, debit cards for kids, savings games and virtual trading platforms. It also suggests including children in age-appropriate family budget talks.
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Teaching Kids To Be Money-wise