Understanding Cash-Flow Forecasts
You only need to look at the state of the UK economy and the level of debt most people have accumulated to know that the majority of people do not, or choose not to understand finances and how their money works.
Helping the younger generation understand finances from an early age should play a key part in education and indeed home life.
One way of helping children understand finance is by educating them how to years a cash flow forecast.
Agreed, this is not the most exciting of subjects to teach however it is vitally important to understand from an early age. If taught in a fun way, this can be an invaluable financial lesson for children.