In our recent post, Could a child fund your next business loan? we were pleased to be able to include a comment from Daniel Britton of The Financial Fairytales, a company who hold financial responsibility for children very close to their hearts. We’ve invited Daniel to tell us more about his quest to raise the levels of financial literacy amongst children and hope to welcome him to the FundingKnight blog for a guest blog or two in the new year, but, in the meantime, we thought it was time for The Financial Fairytales to feature in our ongoing series of ‘FundingKnight Likes’ blogs.
The Financial Fairytales are a company based in the United Kingdom founded by British author and entrepreneur, Daniel Britton. The company produce books for children and schools all around the world in order to educate, empower and inspire their young readers to become financially literate, learn about the key elements of the world of money; spending, saving, borrowing plus, not forgetting the basic principles of what money actually is and why we have it.
As we all know and experience the influence money has on every aspect of our daily lives, it makes complete sense to educate children from a young age and hopefully instilling a conscientious approach to spending. In fact there’s no doubt that there are many adults out there who would benefit similarly from simple educational techniques related to their finance and savings.
Founder Daniel Britton says:
“By teaching your children about money you take charge of their future financial and economic wellbeing. Recent studies have shown that over 2/3rds of parents believe that children aged 7 or younger should be taught the financial and money principles contained in The Financial Fairy Tales.
Lessons in financial awareness or resources which support financial literacy for kids are sadly lacking from the curriculum in many schools.”
By providing a foundation education in economics for primary school aged children, The Financial Fairytales maintain that it will help prevent cycles of bad habits potentially instilled into children by their parents. Having come through the worst financial crisis of all time in very recent years surely that can only be a good thing?
Others argue that perhaps we should let children be children and leave their childhood to less adult endeavours, but you know when learning about something serious is as fun and easy to digest as Britton’s books, you are onto a good thing.
Find out more about The Financial Fairytales books and recommendations here.