Pitch Engine
The Times Real Estate

.

How to teach your kids to think more critically about money

  • Written by Carly Sawatzki, Lecturer, Monash University
imageUse questions to stimulate critical thinking about money.Shutterstock

As the world of finance becomes more complex, most of us aren’t keeping up. In this series we’re exploring what it means to be financially literate.

Advice on money often boils down to simplistic messages about budgeting, understanding compound interest and avoiding...

Read more: How to teach your kids to think more critically about money

More Articles ...

  1. Financial literacy is a public policy problem
  2. Debt agreements and how to avoid unnecessary debt traps
  3. Vital Signs: economics can't explain why unemployment and inflation are both low
  4. Gift cards often end up in the bin, but extending their life might not help
  5. What businesses can learn from sports about using algorithms
  6. How gig economy workers will be left short of super
  7. Why the new banking laws won’t be the slam dunk the government is expecting
  8. Why craft beer is going corporate
  9. Middle-income earners probably won't be paying as much tax as the government expects
  10. How marketers use algorithms to (try to) read your mind
  11. Vital Signs: the spooky mortgage risk signs our bankers are ignoring
  12. Three charts on: disability discrimination in the workplace
  13. Australian consumer law is failing beer drinkers
  14. Slashing penalty rates: a misguided response to problems of the past
  15. Explainer: how our understanding of risk is changing
  16. What should Australian companies be doing right now to protect our privacy
  17. Whatever happened to the 15-hour workweek?
  18. What the Nobel Prize tells us about the state of economics
  19. How refugees overcome the odds to become entrepreneurs
  20. Is faster profit growth essential for a pick-up in wages growth?
  21. Three charts on: the great Australian wealth gap
  22. Australian regulators have finally made a move on initial coin offerings
  23. What Twitter can learn from that time Coca Cola changed its formula
  24. The beautiful social media game: A-League winners and losers on Twitter
  25. Australia needs new insolvency laws to encourage small businesses
  26. The rise of the corporate campus
  27. The economic reasons why Australia needs a stronger space industry
  28. Introverts think they won't like being leaders but they are capable
  29. Vital Signs: don't count your economic chickens before they hatch
  30. Here's 49 small communities innovating as well as the big cities
  31. What we can do once the banks give us back our data
  32. China’s crackdown on cryptocurrency trading – a sign of things to come
  33. It may not be beautiful but the new ten dollar note is pretty secure
  34. Bike sharing schemes might seem like a waste of space but the economics makes sense
  35. Three charts on: who holds more than one job to make ends meet
  36. Income inequality may be declining but financial vulnerability is increasing
  37. An ABC News story shows how strange going viral can be
  38. We're on our way to making whistleblower protections more than theoretical
  39. How skills and personality traits contribute to the gender pay gap
  40. Income inequality ticks down as the rich see their incomes fall: ABS
  41. Beyond cats and Kardashians: can journalism satisfy audiences without dumbing down?
  42. The economics of ticket scalping
  43. How market forces and weakened institutions are keeping our wages low
  44. How to stop businesses stealing from their employees
  45. How the 'tyranny of distance' affects the Australian economy
  46. Explainer: how international competition affects how much you earn
  47. How shopping centres are changing to fight online shopping
  48. Not just nice to have: nature in the workplace makes employees happier and healthier
  49. Vital Signs: living in the past won't distract from our current economic woes
  50. We tracked how investors read company reports and here's how they're misled