Being a father of four I appreciate the value of raising money smart kids. Please welcome today Ruby Andrew as she shares with us some important steps parents should be taking with their children.
Financial values and good spending habits are one of the important life skills parents can teach their children. These lessons have a great effect in shaping the financial life aspect of a child.
Indeed, it is imperative for parents to begin teaching their children these financial lessons at an early stage. Here are seven lessons that should be a must for any parent to teach.
Start talking early enough about money
It is really important for a child to understand more about money. What money can buy, where one gets money and how one spends money.