Teaching Our Children About Smart Money Spending and Saving
How savvy do you think your kids are with finances? Much less than they are with their cell phones! It’s no surprise to see teens still being reliant on their parent’s wallets. It can be seen in the news everywhere; student debt still is increasing and kids are moving out of their parent’s home at an older age. Not only that, employers are struggling to find employees with the knowledge and skills in finance. With our children acquiring debt (student loans, car payments, credit cards, etc.), how can we, as parents, teach our kids about efficient money spending? In high school, the highest they get in finances will be a basic economic class, but what about saving and spending correctly? As a parent, our job is to show them the…
