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Teaching children how to handle money, save and plan for their future will also help to ensure that they aren't part of the so-called 'boomerang generation' who end up back at home in their 30s or 40s due to some form of financial crisis.

Perseverance and strength of character are critical to ensuring that children give their all to tasks and are able to deal with a number of challenges.

To enable children to get the most out of each day and be alert and focused when learning, it is important to develop a structured bedtime routine. A daily bedtime ritual will also ensure parents have important quality time together.

Attending a summer camp is a great way for children to develop their social skills, confidence and independence, whilst enjoying activities they might not always have the opportunity to take part in.

On long family car journeys, a great way to pass the time is to play word games with your children, which will keep them entertained and develop their range of vocabulary.