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Calling all parents on a mission to raise financial superheroes! Money is an essential part of our lives, and imparting financial education early on is crucial for ensuring your child’s long-term financial being.


Picture this: your kids soaring through the world of dollars and cents, armed with the coolest superpower – financial literacy. Let the financial fun begin!

Financial Education for Every Age Stage


Buckle up and get ready for a financial journey that grows with your kids! Here’s how you can incorporate some “fun-ancial” lessons based on your children’s age groups:

Tiny Savers (Early Childhood | Ages 3 – 6)


At this age, children are like sponges, soaking up information. Introduce money as a medium of exchange and teach basic concepts like earning, saving, and spending through engaging storybooks and games.


It’s also a great time to get them a tabung to store their Duit Raya and Ang Pow, and teach them to save money by collecting loose change.


Another fun way is to turn grocery shopping into a family adventure! Whip out your shopping list, and let your little sidekick cross off items as you conquer the aisles.


It's not just shopping; it's a mission! Teaching kids that planning is the superpower against impulse spending – because every cart needs a strategy! Ready, set, shop smart!

Future Investors (Primary School | Ages 7-12)

Tech-savvy money adventures await! As children grow up, they can grasp more advanced money concepts. Now you can start teaching them about budgeting, setting financial goals, and distinguishing needs from wants.


Dive into the world of online resources and kid-friendly apps to turn financial lessons into interactive quests. Give your kids voluntary jobs around the house that they can do to earn some extra pocket money to add to their savings.


You can then discuss together how that money can be used. This is a good time to teach your kids the value of delayed gratification and saving for the future!


Money Maestros (Secondary School | ages 13-17)

At this age, you can teach your kids an in-depth understanding of savings accounts and compound interest, and, in later years, introduce them to financial instruments like stocks, unit trusts and other investments.


Encourage them to budget their personal expenses, and engage them in real-life experiences like shopping trips, allowance management, and saving for specific goals.


Encourage entrepreneurial and work opportunities for earning money. Setting up a bank account for savings and responsible spending can be an empowering experience for older children.


Once they turn 18, you can encourage them to use their allowance to start their own investment accounts with your guidance.


Instill Critical Thinking Skills


At the age when peer pressure and FOMO (Fear Of Missing Out) take center stage, guide your children to critically decode the world of advertising and marketing – engage them in conversations about how financial choices impact their goals and values.  


Equip them with the superpower of recognising persuasive tactics so they can navigate through the pressures unscathed.


With this knowledge, your kids can confidently make savvy spending decisions, steering clear of the allure of owning the latest of everything and staying true to their own financial path.


Start Early, Start Small

Starting early is the key to ensuring that your kids develop strong financial literacy skills. The benefits of age-appropriate financial education are long-lasting, equipping them with the tools to make informed financial decisions throughout their lives.


Parents, caregivers, and educators have a crucial role to play in shaping the financial future of the next generation. So, let's make learning about money a priority, and let's do it in a way that's both educational and enjoyable for kids of all ages. By doing so, we'll be setting them on the path to financial success.



This article is brought to you by CIMB as part of our ongoing efforts to raise the level of financial literacy among Malaysians. Financial knowledge and understanding are key to making well-informed and meaningful financial decisions towards positively improving welfare and well-being of communities. This is one of our many efforts to achieve CIMB’s purpose of advancing customers and society.

#Save for Future #Family #FamilyPlanning