One of the top skills people wish they’d learned in school is basic money management, but personal finance lessons are usually left up to parents. You can give your kid a head-start in life if you teach them the importance of earning and saving, the rules of credit and interest, and how to manage it all when they’re living on their own.

Big Life Lessons For Little Ones

Your tiny tot is learning how to count, so you can start incorporating lessons about how to earn, save, and spend money. Reward your child for completing chores with cash, and let them store their money in a piggy bank.

When people plan for retirement, they’re often thinking about all the places they’ll travel to or the passion projects they can pursue in their newfound free time. In addition to the “fun stuff,” you may want to seriously consider the money you’ll need to maintain your day-to-day lifestyle without a steady paycheck. All that starts with smartly managing your finances now, so that you do not encounter any unpleasant surprises later.

Cybercriminals have stolen $1.1 billion in cryptocurrency in the first half of 2018 alone using sophisticated tactics and complex processes to fool even the most cautious crypto users. In fact, Fortune recently reported a major cryptocurrency scam in which hackers infiltrated the company behind the ICO (initial coin offering) of EOS – a blockchain-based system for developing decentralized apps.

Money can frustrate the best of us at times, and often these problems are self-inflicted. According to neuroscientist, Moran Cerf, saving money and having a greater sense of control over your money, comes down to changing your perception of financial timelines.

Think about how often you do the following: get paid, shop for groceries, pay your bills and eat out.

You’re probably thinking in terms of month, week, day—precisely what Cerf explains is making you scattered and ultimately, overspending.

According to a 2016 Harris poll, almost half of Americans (42%) say they’ve committed some form of financial infidelity.

Financial infidelity is when your spouse lies to you about how money is being spent, or hides secret accounts from you, or makes significant spending decisions without your knowledge. Financial infidelity is much more common than sexual cheating, and often times equally as damaging to a relationship.

Earlier this month, hundreds of workers in Mumbai were investigated and dozens arrested for one of India’s largest scams. Targeting thousands of US citizens, the call center workers posed as IRS officials “in order to steal tens of millions of dollars, Indian police have said.” With a trained American accent, employees would trick American citizens into thinking they had defaulted on taxes and “were facing prosecution by the IRS.”

In a recent interview with ESPN E:60, running back Trent Richardson revealed that friends and family spent $1.6 million of his NFL earnings over the course of 10 months in 2015.

Bad investments, poor budgeting, regretful spending choices and surrounding yourself with the wrong people have lead many former NFL players into the hole of financial oblivion. Others, however, made it to the other end of the financial spectrum – making investments or doing deals that made them mega rich.