Nov 11, 2020
Welcome to Finance and Fury, the Say What Wednesday edition. This week’s question is from Ruby.
“I was speaking to my husband and we want to help financially prepare our children and I am just wondering if you have any strategies to help with this?”
Thanks for the great question - Depends what you mean by preparing for your kids financially –
How to educate children financially – As a parent, you have the power to shape your child's relationship with money – many things that can be done to help improve their financial education
Why –nobody else will help to confer this information and thus Teach them about value of money – Kids don’t understand value of not just money as a medium of exchange – but that their time has valued attached to it – I don’t think some adults know that either
How to do it
You can break this information education down into different stages
In summary – no correct one way to do this – these have just been some tips –
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