Why parents should teach children about money early and how to go about it

SPH Brightcove Video
Learn how to have conversations with your children that will encourage them to build up good financial habits.
New: Gift this subscriber-only story to your friends and family

SINGAPORE – Primary 5 classmates Chloe Tan and Ethan Tan neatly sum up both sides of the financial coin – one’s a saver and the other a spender, albeit a careful one.

Chloe squirrels away her money instead of splashing out on things she does not need, while her friend Ethan is “very happy and proud of himself” when he saves up a lot, but he is also prepared to splash out on the stuff that he wants.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.