The foundations for becoming a healthy adult – physically, emotionally and financially – are laid during childhood, often by observing parents’ behaviour. Research shows that many children’s money habits like self-monitoring, are developed as early as 7 years old. By teaching your children about financial literacy from a young age, you give them a head start and a better chance of having a healthy relationship with money later on in life which can also benefit their psychological health. So what about having financially literacy as an essential part of every school’s curriculum?