When is the best time to talk to your kids about money?
Kids start to learn about money early and they learn from all sorts of places. Family, friends, school…celebrities and TV shows…
Your kids will learn about money from someone. And who they learn from has a BIG effect on what they learn.
Considering just how much of an impact our money habits and beliefs have on us for the rest of our lives it makes sense to have more control over what our kids learn. You’ve got the power to shape their views in a healthy way…instead of leaving it up to those folks on YouTube.
Here are five tips from Dave Ramsey’s blog (author of Smart Money Smart Kids: Raising the Next Generation to Win with Money & Financial Peace Junior: Teaching Kids How to Win with Money! ):
- Start Slow
- Be Honest
- Talk values not figures
- Set family goals
- Learn about money together
You can read the full story here: https://www.daveramsey.com/blog/how-to-talk-to-your-kids-about-money
Image courtesy of mujitra