12/08/2026
Good luck to anyone who’s expecting A level results tomorrow 🤞
🤔But what 5 things could we teach our children that they don’t learn in school?
1- you don’t have to spend all your money (pocket money, gifts etc). Consider putting it in pots. For example, for every £5 you could put 10% (£2) aside for a rainy day, 5% (£1) into a fund you can use to save up for some extravagant fun stuff in the future, leaving you with £3 to spend now (if there’s anything you need to buy! 😉)
2- it’s never to early to start saving for something BIG you’re going to want in the future. It may be a car or a house. Starting early means you’ll have longer to save and can benefit on compound interest over time. Having longer to save means you’ll can save less each month but still end up with what you need, when you need it.
3- create a budget! How much money do you have (savings, earnings, pocket money etc). And how much money do you regularly spend? If you spend more than you earn then cut down on your spending so you don’t expire your savings fund.
4- just because your friends AREN’T doing something, it doesn’t mean you can’t or shouldn’t! Opting into your workplace pension scheme now will seem like a great idea as you approach retirement.
5- just because your friends ARE doing something, it doesn’t mean you should follow suit. Spending all your savings on something you may regret in a few weeks’ time is not advisable. Spending less of your savings on something you may regret later is much more acceptable, and leaves you with some savings and less room for regret!
What would your advice to a teenager be?
Heide 🌞
