[adnrw]

My parents were incredibly insistent that my sister and I understand how they did their personal and business finances and it's among the best things they taught us (neck-and-neck with how to cook).

They ran their own business until I was in my mid-20s, so during school holidays we would often go with them to work. In addition to us helping out in their warehouse, they also used to get us to do things like writing up the deposit slips for incoming cheques to take to the bank.

They seemed like menial chores at the time to keep us busy, but it really did help us understand how the whole thing worked. They essentially showed us "this is how we do it and why" rather than saying "this is how you must do it" and considering nothing like that was taught to us at school, in hindsight I am very grateful for it.

So yes, definitely bring your kids in as much as possible on finances - even the most basic things like budgeting to live within your means is essential.