New Delhi, Nov. 15 -- Although an important resource for well-being, the realization that acquiring money is just a means to an end and not the end itself often comes late in life. Saving, spending and investing wisely are just as important to financial well-being as earning money, yet these fundamentals often get pushed to the background. But what happens when kids begin to learn about money not as a spending tool but as one of growth, value, and responsibility, these fundamentals move back to the forefront.

This Children's Day, Khyati Dharamsi spoke to the parents of young children who have been exposed to financial literacy classes to understand how money lessons among kids are shaping households into more financially savvy units. It'...