money talks
Where Does Money Really Grow?
Many of us can still remember that one adage our folks said over and over and over: “Money doesn’t grow on trees.” Even though this is good advice, there’s often a point where kids stop listening. How can you effectively talk with your children about money?
- Make sure they recognize why personal finance is an important topic.
- Take the time to correct them when they get money concepts wrong.
- Strive to make your discussions open, often, and whenever possible fun.
”C” is correct. During dinner time, trips together in the car, and leisure activities hold relaxed conversations about related personal finance topics. During these discussions, encourage questions, avoid using sophisticated jargon, and offer age-appropriate examples. Children are more likely to remember money lessons when you make them personally relevant and reinforce concepts over time.