Raising Money Savvy Kids - Teen Budgeting (2007-03-19) |
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marotta
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Raising Money Savvy Kids - Teen Budgeting (2007-03-19) |
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Raising Money Savvy Kids - Teen Budgeting (2007-03-19)
by David John Marotta
Many parents are concerned about raising their children to be financially savvy. If you want to raise kids who can create and manage wealth, there are a handful of key life skills every child should practice. Every kid should practice living within a budget before leaving home, not after. One way to provide opportunities for real world lessons at home is to give your children some oversight of the family budget.
Read the complete column at http://www.emarotta.com/article.php?ID=222
David John Marotta
Marotta Asset Management, Inc.
Fee-only Financial Planning
http://www.emarotta.com
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Mon Mar 19, 2007 4:17 pm |
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janes-addiction
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My parents never sat me down and spoke to me about my families finances, budgeting, etc. I learned the value of money myself because I had to work for every dollar I made. I was never handed free money by my parents, and I believe this helped me better understand the value of money.
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Sun Jul 01, 2007 3:34 pm |
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Case-Face
Full Member
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Joined: 21 May 2007
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kids and budgets |
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Growing up, my mom always used the phrase, "we need to budget." Now I find myself doing the same thing. She still says it! But when I have children, I really do want to keep them in the know as to how we work the household budget. I don't think kids should know EVERYTHING about my finances, but enough for them to realize that money doesn't grow on trees and living w/in our means is the best route to take.
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Wed Jul 11, 2007 4:51 pm |
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