Start talking to your kids about money at an early age, experts say

Money is still considered by many to be a taboo topic or private matter, which is why many people avoid sparking up conversations about their personal finances with friends, colleagues and even family.

Yet, when it comes to your kids, keeping quiet about money might actually cause more harm than good. 

Experts say that parents should start talking to their kids about money from an early age as it will help them develop a healthy relationship with their own finances one day. 

“Handling money is a life skill just like cooking is a life skill,” said Liz Enriquez, a Hamilton-based personal finance educator at Ambitious Parenting.