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Loose Change: The best way to teach children about money

Poppy Trowbridge and Matt Hartley from the Personal Finance Education Group take a look at how you can use pocket money to teach your children about money.

Sky Yahoo Originals

Parents are increasing the amount of pocket money they give to their children, to an average of £6.50 a week.

But is handing out cash the best way to teach them about money, and how should you go about it to get the most educational impact?

We've spoken to Matt Hartley from the Personal Finance Education Group to find out what the best ways to teach children about money are.

Watch our video to find out