Our Job as Parents...

​Our job as parents is to impart to our kids relevant information, skills and values. One of those skills is how to manage money.  Unfortunately, we were probably never taught these things ourselves, as learning specifically about managing money was not part of the school curriculum - then or now.  But even if we weren't taught about money, we've learnt through trial and error and have life lessons to pass on to our kids.
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Whether it be the value of savings, highs and lows of investing or lessons learnt from having high credit card debt.  These learnings need to be shared with your child. Talking about money shouldn't be taboo. 

When your child starts to earn money, whether it be from chores around the house or a part-time job; start asking them questions about how do they feel to have some money, what excites them about it, are they afraid of it? This doesn't have to be time consuming or forced, just talk about it in regular conversation. Talking about it and having the opportunity to explain options, lessons learnt and tips is a great place to start.

Money isn't the answer to happiness - but if being comfortable with it opens opportunities and choices for your child, we're doing a good job.

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