Teaching your child financial skillsno matter what age
Perhaps because of my upbringing, perhaps my unique high school experience, I’ve always thought it important to teach kids real world skills. Those are the skills that have brought me where I am today, the skills that will one day help them succeed at whatever they put their mind to.
My daughters know the value of a firm handshake versus fish-hands. They understand cause and effect – I am not that parent who will argue over a winter coat leaving the mall in a snow storm (let them step outside once instead of arguing – worked with all three!).
Respect – for yourself, others, and all things. The art of story-telling and the pitfalls of superfluous details. Money.
A lot about money. Budgets, spending money, where it comes from and where it goes. Because it’s important.
So important that I recently spoke to the National Financial Educators Council on how I’ve taught my girls about money. Teaching financial skills to your child – no matter the age – isn’t rocket science and can be a lot of fun.
Read the following article to see my tips as well as those of other financial experts to help teach your kids those all important real-world financial skills.
Thoughts? Nuggets of wisdom? Share below!