It's much easier to pass on good habits to a 10-year-old than to a 14-year-old.

At age 10, it's the ideal time to teach your child values.

After all, they're in the middle of a learning period. Take the opportunity to teach them about savings, management, the importance of decisions and making well-considered choices. At this age, they are easily influenced by adults. Children are attentive and curious, so it's easier to pass on the right reflexes.

What are the right reflexes to teach them at age 10?

Managing pocket money: At age 10, it's a good time to start teaching your children how to manage their money. Explain the importance of dividing their money into different categories: savings, day-to-day expenses and future projects. Give them concrete examples.

Save regularly: Help them understand the concept of saving and start by telling them to save a small amount every month, for example. Start even with coins or banknotes - the principle is the same: put money aside for projects. Teach them that saving can make their dreams come true. Make him understand that he won't have to depend on others when he needs something.

Thoughtful decisions: At this age, it's crucial to explain to them that all their financial decisions need to be thought through. If your child wants to buy a toy, for example, tell him to think first. For example, does he really need it?

The notion of work and reward: You can also make him understand that money has to be earned. You can encourage him to do small tasks around the house in exchange for a small financial reward. You'll show him that effort is rewarded by payment. He'll then be able to associate money and work in a positive way.

Why should waiting until age 14 make their financial education more complex?

At 14, they're no longer children. They're teenagers, they're influenced and they listen less and less to adult advice. They crave independence. They want to make their own choices, and so often ignore sound financial practices. What's more, they are much more exposed to immediate temptations at this age, such as online shopping and social networking trends. If they haven't been taught the basics earlier, it becomes really difficult to teach them at this point.

Adolescence is often synonymous with first responsibilities and managing a larger budget. For example, small jobs, leisure activities, etc. If you haven't instilled these reflexes gradually since childhood, it can lead to bad financial habits that are difficult to correct later on.

The key: start early to avoid mistakes later.

It seems obvious that the earlier you start, the easier it will be to give your child good reflexes for their future life. Start seeing good practices with your 10-year-old now, and you'll see that they'll integrate much more easily.

Financial education is one of the best gifts you can give your child. With our tools designed to help them learn how to manage their pocket money, you can rest easy. Our features are age-appropriate and secure. The best thing is to start teaching them the basics at an early age, so that they can grow up with sound money management.