20 Nov 2017

A question about : 11 year old dd has booknapped The Money Diet (1st book)

Eldest dd (aged 11) is currently working her way through the first book as part of her Finance work that she's set herself (she's home ed btw). She's got a file full of notes and is using the advice and information as a basis to making her own research on banking, savings, shopping etc etc.

She even changed her bank account a few weeks back as she researched the differing interest rates and found out she could be earning 0.5% more by changing accounts. She opened the new account, transferred much of her money over, but she also decided to leave the old account open in case they get any better for me.

She's an MSE in the making (and has expressed an interest in journalism as a career too - so watch out Martin - any tips for her btw?!) so will hopefully be more savvy as she gets older than I was growing up.

Can't wait for the new book - bet we'll be arguing over who gets to read it first!

Lotta

Best answers:

  • Congratulations Lotta.
    Buy the time she becomes an adult of 18 she will very on the ball and astute. Be proud!
    I encourage my two to take an active interest in their money and savings, Hope it works.
  • My three eldest kids are typical spendthrifts. They are each having a copy of it for christmas in the remote hope they will benefit from it.
  • Wow! I am really impressed Lolla Littlies! I really wish i had been taught about my finances when i was younger, i still dont understand a lot of it now!!
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