From the first kick inside your womb to the child that stands before you today, your child has transformed before your eyes. You love them attitude and all. As they become more aware of themselves, they’ll have an urge to spread their wings and take flight. As Moms, we know that this time will come, yet we are never truly ready for it.
We see the world around them changing, and we want to protect them. But we know that there is only so much we can shield them from before they become their own person. This is why it’s important for us as parents to take the time and instill the many lessons on the topic “Money”.
Attacking this isn’t as hard as you think, and you already know a lot of the information, you’ll just need to look at it in a different light. Thinking about the things that you do on a daily basis that involves money. How do you manage your household bills? When you go grocery shopping, do you prepare a list or just wing it? Now think of some ways that you could teach your child a lesson on money from those two questions.
If you are having a hard time thinking of conversation starters, begin with the basics. Have your child explain what they know about Saving Money, Spending Money, and Earning Money. By discussing these three topics you will get a clue into how your child looks at money. Discussing finances with your children doesn’t have to be challenging, it all depends on how you look at it. If you look at it as a chore, something that you really aren’t looking forward to completing, this will be the attitude that your child will have towards the conversation.
Switch up how you look at it, this is an opportunity to get your finances together if you have any problematic areas. Look at this as a chance to bond with your child and get to know them better. Go into this with a positive attitude and your child will have the same.
Teaching your child how to have a healthy relationship with finances, is just as important as teaching them to walk, talk and, tie their shoes. Be sure you are their first teacher when it comes to this topic. Don’t let them down.