Sunday, November 2, 2014

The follies of Childish money

You learn how to eat, to be respectful, and the basic how to's of life as a child. So then why shouldn't it be the same way for money. Why are parents so scared of teaching their children about money management and the uses of it as a child.

If you haven't noticed yet there is a direct correlation between poverty and the lack of understanding of how to use money. Money well spent and the spending of money are valuable childhood and not adulthood lessons. Yet too many parents leave the money lessons even they've learned for the world to teach their own children. Do you not want your children to succeed in life or even to at least have a handle on their finances?

 “Bend like the grass that you may not break”, says Nathan in Nectar in a Sieve, by Kamala Markandaya

The joy of a parent is that you should want for your children to be better than you. What better way than to keep them from repeating your financial mistakes than by teaching them right from your not to do financial playbook as a child. Right off the bat. Cause guess what becomes not just a habit but a way of life, the things you learned to do as a child. They in some cases become automatic, things you can't avoid doing or feel strange stopping, traditions.

I know you have financial behaviors you wished you displayed as a child or that your parents encouraged you to do as a child. Why not teach or do for your own kids these things.

If you want some of the resources I've found or suggestions comment or inbox me. I never mind helping, cause someone helps me when I need help, exactly what I hope you will do for your children.

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