10 Financial Reality Checks To Give Your Kids, Before Life Does - Page 7
- By
MadameNoire
Involve them in financial talks
Just like with a second language, the way to get fluent in finances is by hearing it regularly. So talk about money around the kids. If there is something very stressful happening surrounding finances, kids don’t need to hear about that, but let them hear you speak casually about what regular expenses cost. Too many parents shelter their children from this information, which only results in a young adult who has no idea what an apple should cost or what a car wash should cost. It sets them up to make poor financial decisions and even for being financially taken advantage of.
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