I’ve talked about the importance of being a good financial role model previously. Our kids are always observing us and mimic our behavior, including how we handle and think about money. Even if you are not actively teaching them about money, they are still learning. Today, I’d like to specifically focus on some common money phrases we use with our kids that we need to avoid.
View Blog...Next week is already October and I’m not exactly sure where September went. š Fall is my favorite time of the year so I’m happy it’s here, along with cooler temperatures and changing leaves. Yes, leaves change here too. Well, not all leaves, but we still experience the pretty autumn colors—just not to the same scale as out East.
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The majority of my blog posts focus on parents teaching their kids about money, after all that is my mission! But today, I’d like to focus on making sure you have crossed every “t” and dotted every “i” when it comes to your finances. As important as it is to teach our children how to handle money, we also need to make sure our financial house is in order, so
View Blog...I decided to change things up this Friday with an infographic instead of my usual round-up. Variety is the spice of life—right? š The editors at Online Accounting Degrees put together this great infographic and invited me to share it with my readers.
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There are some things we can tell our kids once (okay, maybe twice) and they understand it. And then their other topics, like money, where the lessons need to be ongoing. I already shared with you how to talk to kids about money, ages 0-7 and 7-12 and today we’re going to focus on teenagers.
View Blog...I’ve received a lot of great feedback and comments on my series on How to Talk to Kids about Money. If we can instill good money habits in our children now, we have paved the path for them to make good decisions as adults. I see so many parents try to give their children everything they want but skip this important step. It’s one gift that your child truly needs.
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Last week, I shared with you that kids form their money habits and beliefs by age 7. Our window to influence their relationship with money is small, and we need to start talking to our kids about money much earlier than many parents realize. I’ve already shared some tips on how to talk to kids under age 7 and today I’m going to focus on kids in the 7-12 age
View Blog...It’s been a short but busy week, so I am looking forward to this weekend. Plus, it’s finally going to start cooling down by Sunday. Thank goodness we love the beach! What plans do you have for the weekend?
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I have long believed that kids start forming their money beliefs and habits as young as age three. Our kids are always observing us and learn by mimicking our behaviors and actions. So why wouldn’t they pick up our money habits and beliefs? You are only fooling yourself if you believe they don’t. This is why I started teaching my girls about money when they were toddlers and free of
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SHANNON RYAN, CFPĀ®