Based on our observations, learning POA most certainly creates a foundation for your child and prepares them for future challenges and opportunities. In a world where being financially literate is becoming more essential, learning POA provides a head start for your child in this aspect. In addition, having a basic understanding of accounting concepts at an earlier age would be beneficial when applying to university courses such as those being offered in Business Schools. POA also serves as a stepping-stone for pursuing a career in relevant fields, such as Business Management, Accountancy and Auditing. Even if one does not end up working in an accounting-related career, having such knowledge is empowering as one would be equipped to understand financial concepts that will come up in the future. For example, learning POA would be helpful when it comes to understanding financial planning later in their life. After all, what are we, if not individual businesses ourselves? Majority of us will be planning to pursue further studies (education loan, a form of debt), to purchase our own house (property, a form of equity), to start a family (where there are considerations such as income, costs and assets to consider).