I talk frequently about money being taboo in most homes here at The Heavy Purse for a reason: Every day I talk to parents who are doing so many things right to help their kids succeed but don’t talk to them about money. In fact, when I mention it to them, most often they seemed surprised. Most of us grew up in homes where money wasn’t discussed, so it’s not our natural inclination to talk about it with our kids either.
While it’s understandable that we may not share our financial situation with the world at large, we still need to talk to our kids about money. To ensure they know how to make good money decisions and how to use their money wisely. Because whether you are actively teaching them or not, they are still learning from observing you. One of the greatest gifts we can give our children is a healthy and positive relationship with money.
The good news is I also see more and more parents starting to connect the dots and realize that being financially confident is key to their child’s financial well-being.
To help create awareness, I asked Tanya to help me create an infographic that highlights the dangers of keeping money a taboo topic and how easy it can be to break the cycle.
Please feel free to share this infographic on your blog your website with the appropriate link back to The Heavy Purse.
The Heavy Purse Store is now open! My new downloadable Money Club Workbooks are now on sale. Each workbook provides five targeted lessons to help you raise Financially Confident Kids. Please check them out in The Heavy Purse Store.
SHANNON RYAN, CFP®
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