Teaching kids to make sense of money

A child as young four understands the concept of money. — Photos: 123rf.com

FINANCIAL literacy is the knowledge and skills to manage money; it not just about budgeting and calculating it.

Arus Academy co-founder Alina Amir says there is enough evidence to show our behaviour towards money is not based on intelligence but on value systems and past experiences. Arus Academy is an education social enterprise that focuses on financial, media and information and digital literacy, as well as global citizenship education.