A working knowledge of finance is as essential for children as ethical values and social etiquette

Our children may aspire to be astronauts, scientists or entrepreneurs. No matter what they become when they grow up — a computer whiz, talented artist, gifted surgeon or a competent lawyer — working knowledge of finance is as essential as ethical values and social etiquette. But the challenge for parents is in familiarising children with ideas such as inflation and insurance, without boring them ...