Teaching your children to become savers and investors will enable them to keep more of the money they earn, and do more with the money they spend, in future years.

It is a good idea to introduce your children to money as soon as they can count. Help them to discern the difference between needs, wants, and wishes.

Help them to set goals. The goal could be that new doll, or that computer game which every child is after. Goal-setting helps children learn to become responsible for themselves.
Introduce them to the value of saving versus spending. When giving children pocket money, give them the money in denominations that encourage saving. If the amount is £2.50, give them 5 x 50p pieces and encourage them to set aside 50p in savings.