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Saying No to a Cashless Society to Teach Children Proper Spending Habits

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Saying No to a Cashless Society to Teach Children Proper Spending Habits
Australian banknotes in Melbourne, on Nov. 7, 2017. Paul Crocker/AFP via Getty Images
Gabriël Moens
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A mother gave her 8-year-old daughter $20 to spend at a theme park. The child—let us call her Nancy—wanted to buy a colourful T-shirt with her money. The mother, who had also prepared a delicious lunch box, chaperoned her excited child.

Gabriël Moens
Gabriël Moens
Author
Gabriël A. Moens AM is an emeritus professor of law at the University of Queensland, and served as pro vice-chancellor and dean at Murdoch University. In 2003, Moens was awarded the Australian Centenary Medal by the prime minister for services to education. He has taught extensively across Australia, Asia, Europe, and the United States.
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