Money Habits formed by the age of SEVEN

August 2, 2013 at 11:23 am

Government-backed Money Advice Service (MAS) pointed to a Cambridge University study that suggested that most young children had grasped all the main aspects of how money works and formed “core behaviors which they will take into adulthood and which will affect financial decisions they make during the rest of their lives”.

Caroline Rookes, chief executive of the Money Advice Service, said: “This study really demonstrates the power of parental influences, and illustrates how much of what you learn and absorb when you are young, both consciously and subconsciously, affects the choices you make throughout the rest of your life.”

View the rest of the article here:  Money habits are formed by the age of seven – News Article

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