Psychology
6 years ago

Parents' time perspective influences when and how they teach kids about money.

Educational Psychology
Parents’ temporal perspective and their economical education practice
Agata Trzcińska, Katarzyna Sekścińska, Dominika Maison

Paper Summary

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Parents' views of the future affect how they teach their kids about money. The study looked at 108 parents of 10-12 year olds. Parents who focus on the future start teaching about money later, while those who focus on the present or future start earlier. Different teaching methods are used by parents with different perspectives.