RAISING MONEY $AVVY KIDS

In his brand new book, Barefoot Kids, Scott Pape, the Barefoot Investor, does all the hard work of teaching your kids how to be money savvy.

This game changing guide book for primary school-aged kids holds the secret to raising smart, resilient, kind and hard-working kids who will grow up knowing how to manage their money. We chat with Scott Pape about Barefoot Kids.

4. They don’t have the same hang ups as adults. Kids are blank slates when it comes to money. The concrete hasn’t set on their behaviours, so they have the ability to build their confidence and wealthy habits from the get-go. That’s probably the thing that excites me more than anything.

Explain why you think Australia needs a financial revolution and why it needs to start with our kids?

Whether we like it or not, money colours our entire life. The fact that we don’t teach kids the basics, means many kids end up repeating the same mistakes their parents made.

We’re the richest nation on earth, according to the latest wealth report from Credit Suisse. However, we also have some of the highest levels of household debts in the world. We are the lucky country, but for how much longer?