Why we should teach kids about money at an early age

Children need to understand the value of money and the behaviours that come with earning money and saving it. — 123rf.com

Can money buy happiness? According to renowned Harvard University psychologist Professor Daniel Gilbert, yes, but only if you know how to spend it correctly.

Despite the common belief that money can’t buy happiness, longitudinal research data shows that it practically does, especially if handled in a way that contributes to personal well-being.