The bottom line for me is that we must socialise children in the topics of saving and investing from a very young age globally. If you understand how money can work for and against you, you can make better decisions. Financial literacy is not about wealth but about understanding money regardless of the amount. It's about how you treat it and how you maximize opportunities.

Mellody Hobson  //  President, Ariel Investments

Source: http://www.scmp.com/magazines/post-magazine/article/1931754/mellody-hobson-race-and-teaching-children-financial-literacy

In this age of educational accountability through standards and assessments with only one right answer and success measured by test scores, we need to keep young minds open for alternative ways of thinking, allow innovative ideas to spark and grow, to create an entrepreneurial culture that will grow great people and great communities. We need to grow our communities from the inside out. We need entrepreneurship education for every student, every year. The answer is to establish an entrepreneurial culture in every school and every community.

Source: http://www.entre-ed.org/become-entrepreneurial-school/

Teaching children about business at a young age is important for the future of business as a whole. When kids are taught the specific lessons of money management and organizational skills, they can not only apply their skills towards building a business for themselves, but they can also apply the skills they have learned to their personal lives. Once your children become of age to start their own business, they can start off by building a lemonade stand and managing the money they have earned. There are also other business ideas for kids at a young age such as dog-walking or craft-making.

Source: http://www.bschool.com/little-entrepreneurs-business-for-kids/