Jimmy Kimmel Asks Kids Who’s The Richest Person In The World

Written and accurate as at: 10 February 2014

This video humorously highlights how kids value money. In their eyes, net wealth is not necessarily measured by genuine savings, but perceived power, celebrity or social status and the ability to buy cool stuff. Whilst funny, it also emphasises the need to teach them important financial concepts on saving, debt and managing money.

Sometimes kids can be really good teachers for us too. Just look at the story of Elmo.