Parents and guardians are in the best position to ensure that their children continue to save, budget, plan and practice good money management habits. We need to share and talk frankly with our children about money matters and teach them by example of the little things we can do to improve their money management skills.
My previous central bank, de Nederlandsche Bank, has, together with the International Monetary Fund and many national central banks, been involved in assisting the NBP in its efforts to adapt to the role of a central bank in a market economy.