Of course we all worry about our kids. But luckily you can take the worry out of deciding what to teach your kids about money, and how. Here are some handy tips to help you out.

Tip 1 - It's never too early.

Teaching your kids about money from as young as pre-school could get them off to a great start in developing healthy savings habits. They'll carry these habits with them into adulthood so it makes sense to start now.

Tip 2 - Children's attitude to money can come from their parents.

Kids often observe and adopt our behaviour. So it's important to be aware that the way we save, spend and think about money, can form the basis for their own money management habits.

Tip 3 - Instill good money habits.

Opening a BankSA savings account for your child is a great way to get them on the way to good money habits. You'll be introducing them to the world of banking and saving, and establishing important skills for life.

Tip 4 - Practical ways to teach your child.

Use these questions to establish some practical ways to help you teach your child. How should my child receive money? Pocket money? Or linked to jobs around the house? What age should we start? How much should we give? How will we manage requests to buy things based on influences from friends and advertising?