Tag Archives: Positive Money Education

Money education for the iGeneration

Wealthflow Money Coach Programme

Today’s fast-paced society and economy is such that all of us, particularly the iGeneration, are facing more and more money decisions.  At Wealthflow we are often asked by parents and grandparents: How do we best put money aside for our children? How can we be sure they’ll use the money responsibly? How can we provide […]

Financial Literacy – Educating Your Children

Educating Children About Money

An article by the digital editor of Financial Times Money, Lucy Warwick-Ching, provides a useful reminder about the emotional energy and power of money. Lucy’s piece draws on a number of research studies, including a recent HSBC study  which questioned 2000 parents and 500 children on various aspects of financial literacy. The results point to significant gender differences, including […]

Moving on from the Bank of Mum and Dad

The Bank of Mum and Dad

An American study has found around two-thirds of wealthy families lose their wealth by the second generation. The same study reported it took less than 20 days for the average inheritance recipient to splurge on a new car. A significant challenge facing financially successful parents is how they might help their offspring develop positive money […]

Lifetime ISA – One for the kids and/or grandkids?

School Fees Planning

Since April 2017, you’ve been able to open a Lifetime ISA if you’re aged between 18 and 40. For every £4 you pay in, the government will add £1. You can pay in a maximum of £4,000 a year to receive the £1,000 bonus from the government, which will be added at the end of […]