Educating children in the world of Finance is vital in guaranteeing their financial success in the future. Getting them in the habit of saving ensures good money management from a young age and helps them better manage in their adult life.

Although they don’t have a job or an income (apart from pocket money!), they must learn how to manage money. As an adult, showing a good example when controlling your financesteaches kids more than you may think. Studies have shown that this is an area that isn’t often addressed with children – in fact, 87.4% of Spaniards claim not to have enough financial education, according to a report by Standard & Poor’s.

Uniting technology and finance, Iban Wallet tries to help improve this societal inefficiency, and avoid increasing the crisis affecting us today in personal, family and business finance.

How can an application help me? Simple! By using shared accounts where everyone can save. We live in a technological age, your children will love the idea of managing their accounts via their phone – let them see the world of finance is not complicated if you know how to navigate it properly.

Establish short, medium and long term goals and objectives, establishing saving strategies while also letting them know the importance of making and respecting decisions. Lead by example, and when they’ll thank you when they grow up.