Being money-smart is a key basic skill for everyone and like so many lessons, the earlier we get to grips with it the better it is for each of us in the longer-term.

BBC Children in Need have just launched an exciting new partnership with HSBC UK. They have been investigating the relationship children and young people have with money, and want to help improve their understanding of looking after their finances. Whether it’s pretend money, pocket money or wages from a first job, it is so important for children to understand where money comes from and how to look after it.

Click here to see the video and help teach your child about money

https://www.youtube.com/watch?v=_IC-Hj4YIqQ

The video is designed for children 4 to 6 and is a look at why we go to work, earning money and how this influences our financial decisions.