Andrew and Michele are dipping into their retirement funds to travel the world, and they don't feel guilty about it. Their daughters are financially independent, which they credit to early education on money matters.
Australians can set themselves up for a more comfortable retirement by teaching their children financial literacy , according to a financial advisor .Teaching children discipline, goal setting and delayed gratification are good starting points for building financial literacy , according to the experts.
"We actually do have friends that are making sure that they have money for their kids and they're still paying for them in their 40s." Financial advisor Ben Greany said teaching financial literacy to your children was integral to setting up your own retirement. But the couple said their preparation for retirement started decades ago when they began teaching their daughters fiscal lessons from an early age.
"They have worked really hard, so I think it is really exciting opportunity to spend money the way they want to," she said.Internal email reveals patients in hospital recovery units for longer as doctors ration IV fluids This public school's academic results have skyrocketed over the past six years. Here's how they did itMelbourne is set to end e-scooter hires in its CBD. What could this mean for the rest of the country?
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