To make it easier, here’s a simple 5-point plan for building financial habits that last:

1. Start early. Even toddlers can learn with a piggy bank. The clink of a coin is the first step toward understanding saving and value.

2. Use the jar method. Divide pocket money into three jars: Save, Spend, and Share. It’s a visual, hands-on way to teach budgeting and generosity.

3. Talk openly about money. Keep conversations light, honest, and age-appropriate. Normalize financial discussions so that money never feels “taboo.”

4. Let small mistakes happen. Spending all their savings on a toy can be a valuable (and safe) lesson in patience and priorities.

5. Model good habits. Children mirror what they see. Empower yourself first — learn about budgeting, saving, and credit health so you can guide them confidently.

van Brakel also stresses that raising financially literate children benefits the country at large.
“When parents and children talk openly about money, they build confidence across generations —
and that builds a stronger, more financially resilient South Africa.”

So whether it’s through a piggy bank, a pocket-money chat, or a visual savings tracker stuck on the fridge,
the message is simple: small, consistent lessons today can help your child make big, confident choices tomorrow.

Because when it comes to raising money-smart kids, the best lessons start long before they ever earn a cent.