Filipinos aren’t really known for their proficiency in financial literacy. A 2015 World Bank survey revealed that only three out of seven Filipinos can answer basic financial questions about basic numeracy, interest, inflation and investments. That’s why it’s important to start teaching your kids about financial literacy as early as now. And if you’re already doing that, good for you!
But you can always be better, or if you’re not doing enough, you can always do more. So to help you improve the way you educate your children about money, let’s review the mistakes of most parents that you’re probably not aware of.