I could go on for DAYS about the importance of teaching our kids the RIGHT things about money…but I’ve managed to consolidate my advice into a few simple steps you can take with your children TODAY! After you read this post, I’d love to hear your opinions and things you do with your children!
** Simple earning plan for kids **
-Let kids pick 10-15 tasks they can do
-Select the top five tasks
-Negotiate a value for each task
-They must complete the tasks as agreed
-Hold them accountable
** How to teach kids about money **
-Create a wealth account for each child
-Teach kids to save at any age
-Share positive financial information
-Set days to talk about money
-Encourage kids to give to charity
