Kids Are Money-Savvy F

How To Make Sure Your Kids Are Money-Savvy

As a parent, you do everything you can to prepare your children for the real world.  But are your kids money-savvy and knowledgeable about finances?

[REITs]

Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid?

Kids Are Money-Savvy F

Beyond receiving an allowance, many of us didn’t receive many lessons about money from our parents. It’s one of those topics that can become taboo in many families. Whether it’s because of a tight budget, religious reasons or pure unwillingness, American families avoid discussing money with their children, even when they grow older.

To be honest, “money talk” shouldn’t be limited to a piggy bank and a vague recommendation to save for the future. Being financially educated involves knowing not only that you should save, but how to manage money wisely and stick to a budget. As an adult, you can even share your own mistakes with your children in the hopes that it helps them.

It shouldn’t be too complicated to teach your children financial literacy. In fact, you can turn daily activities into learning opportunities for every member of the family. Grocery shopping, for example, can be a great learning experience if you and your kids talk about why you shop as you do. What do you consider a splurge? Which items do you buy generic, and which are name-brand? The possibilities are endless, and once you’re on the lookout for them, you’ll see them everywhere!

Kids Are Money-Savvy IG

Infographic source: MintLife, via Daily Infographic

LEAVE A COMMENT


X
Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Are you an intelligent investor?

ValueWalkPremium is a website and newsletter for smart investors like yourself. We focus on the latest hedge fund industry news much of which is not in the public domain and obtained via our sources.

We also have 10 years of resources on how to use this information to better your investment process.

Sign up for  today for only a few dollars a day and get a 3 day no obligation trial with a targeted 20% discount coupon code.

Cancel anytime during trial and you are never charged.

Limited time offer: For first 50 subscribers

0