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Business Times

When kids think credit cards are magic

Parents are their kids' first money managers whether they mean to be or not. The tricky bit? The kids might end up modelling your questionable financial habits. And you wouldn't even know it. In this episode of Money Hacks by The Business Times, host Howie Lim speaks with Dawn Cher, founder of SG Budget Babe and author of Budgeting for Families, and Janice See, financial literacy educator with Junior Achievement Singapore. The conversation tackles how early parents should start teaching kids about money, and whether modern tech and cashless payments are making it harder or just different. The moment our kids see us swipe our card or scan our phone, they're learning. The question is, what are they learning? Why listen? Because good habits beat good intentions Most parents want their kids to be smart with money. But many are unknowingly passing on emotional triggers, bad spending behaviour and a fear-based view of finance. Because children don't learn finance from lectures Cher shares how she turned supermarket trips into budgeting games, and why making mistakes young on small dollar amounts is the best kind of lesson. A NEWSLETTER FOR YOU Friday, 3 pm Thrive Money, career and life hacks to help young adults stay ahead of the curve. Sign Up Sign Up Because digital money makes things fuzzier See explains why cashless payments can disconnect kids from the concept of value and how to help them grasp that money is finite, even if it lives in a smartwatch. Because you might need a financial reset yourself If you're living paycheque to paycheque despite a solid income, it might be time to rewire your own money mindset before passing it on. Money Hacks helps listeners make sense of the dollars and cents shaping real lives. Listen now at Got an idea for a future episode? Drop the team a note at btpodcasts@ --- Written and hosted by: Howie Lim (howielim@ With Dawn Sher, author & founder of SG Budget Babe; and Janice See, financial literacy educator with Junior Achievement Singapore Edited by: Howie Lim & Claressa Monteiro Produced by: Howie Lim & Chai Pei Chieh A podcast by BT Podcasts, The Business Times, SPH Media --- Follow BT Money Hacks podcasts every Monday: Channel: Amazon: Apple Podcasts: Spotify: YouTube Music: Website: Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party's products and services. Please consult professional advisors for independent advice. --- Discover more BT podcast series: BT Correspondents: BT Market Focus at: BT Podcasts at: BT Branded Podcasts at: BT Lens On: