Teaching kids about money
My parents didn’t do a great job at demonstrating good financial habits for me, and as a result, I’ve been thinking about how I’d like to teach my kids to be more fiscally responsible. I ran across a great post today over at Get Rich Slowly with some good tips and links to helpful articles about allowances, teaching kids about the value of hard work, and more. I don’t have kids yet, so I don’t have a lot of commentary here, except to say that it’s definitely the job of parents to teach their kids about this. The schools sure aren’t going to do it, and judging by the pile of debt that the average American has, people don’t usually fall into a pattern of good financial habits on their own.