Daily Archives: March 3, 2015

3 Tips on Teaching Kids About Personal Finance

by admin

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Finances.  We are going through a major revamp of our family’s finances right now.

Who invented these things anyway?

Who invented these things anyway?

Running a family of 9 (we have an extra relative living with us right now too) is something beyond the ordinary today.  There isn’t a ton of wisdom out there on how this is supposed to work, because there aren’t a ton of families left in North America anyways, that have this many kids.  But as we walk down this time of change together, I find I have a renewed passion to teach my kids how to handle money.  I don’t want them to have to wait until they are 40 to figure out what I know now.  I hope neither do you.

Here are some ideas you can use that I have come across that can really help with trying to educate your children to manage their money well.  Honestly, I think this may be a skill more important than anything any of them will learn past the age of 12.  Because it affects everything about their lives – from marriage prospects, to comfort, to freedom to pursue their dreams, to being able to be the kind of generous, helpful person they want to be. Read the rest of this entry »

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