By age 7, your money personality is locked in — can you change it?

Welcome to Ask the Experts, where each week we talk to people in the industry to get the inside word on what’s happening right now, and what that means for the tactics that you should use to make the most of your money.Here’s a scary stat for you: there’s research that shows your money personality is already set, done, dusted, by the time you’re seven. Seven! That’s well before most parents start talking to their kids about money — let alone teaching them how to save, budget, or understand the value of a dollar.So what does that mean for your kids' financial future? And what can you do if you didn’t get a great financial education growing up?In this episode, we tackle the big questions around raising money-smart kids, breaking bad money habits, and how to teach financial literacy at home, even if you’re still figuring it out yourself.Kiwibank's Julia Jackson is a pro in helping families build stronger money habits. We dive into:How to teach kids about money at different ages, from pocket money to their first jobPractical ways to build financial literacy at home (without needing to be an expert)The importance of age-appropriate money lessons, and how to tailor them to your childHow kids absorb money behaviours from you (even if you never talk about it)It's practical steps to raise financially confident kids — no spreadsheets requiredLinksFollow Frances Cook on Facebook, Instagram and TikTok, or join the Money Memo newsletter for a free weekly money tip in your inbox each week.