Kids and Money
What are you teaching your kids about money? Even if you're not actively doing something to teach them, they are learning from your example. If you are mismanaging your money chances are your kids will too. On the flip side, if you are really good with your money, that doesn't guarantee that they will be too. In fact, if you are well off, the lifestyle you have just might cripple your child's financial muscles.
Homework:
Be deliberate with what you teach your kids about money. If you don't they will probably make the same mistakes you've made or worse. Chances are, if you're like me, your parents didn't teach you anything about finances. I was fortunate to have an interest in it, so I taught myself. I would challenge you to change your family tree. Break the cycle of financial ignorance in your home. Remember 'normal' in this country is broke~ become exceptional (and teach your kids how to be too).
"Children have never been very good at listening to their elders, but they never fail to imitate them." James Arthur Baldwin
"Loving a child doesn't mean giving in to all his whims; to love him is to bring out the best in him, to love what is difficult."Nadia Boulanger
"If you must hold yourself up to your children as an object lesson, hold yourself up as a warning and not as an example." George Benard Shaw
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