When did you start teaching your kids about money?

For younger children, the OCBC Mighty Savers Account. Instilling a foundational savings habit, from birth. Child does not have direct digital access. The account is managed by parents through their own banking app.

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At home, once they have the concept of counting at age 3, we focus on saving physical cash and coins. There is Free coin deposits at OCBC ATMs. We can have rewards system based on good behavioral habits.
A little older, we can also actively engage in conversations about buying choices in the supermarket, so day to day they learn the benefits of saving and not spending recklessly.

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Primary 1

Age 7

Not formally teaching, but simply exposing them to the concept of spending and saving, and the value of things can be done from the moment they start becoming curious enough about the world. And nothing beats teaching by being a role model. What you do as a parent your kids will follow subconsciously and shape their risk appetite and financial literacy