Money Wisdom

So he finally turned 16. A monumental age no doubt. There are so many lessons to be learned during this pivotal year, especially as we prep him for college. One of the first lessons that we need to teach is how to handle money. If you're reading this and you were in college, you can remember the hundreds of Visa & American Express offers you received before you made it to your dorm room. And don't forget the many banks luring you in trying to give you free checking. 

So here's a sure fire way I believe you can prepare your child on how to handle money: by you handling it well yourself. This is also known as modeling. There was a PSA commercial in the late 80's or early 90's where a boy was smoking. The dad walks in and asks the boy where he learned to do that. The boy responded, "From you dad. I learned it by watching you."  I'm amazed at how much our children mimic the things we do.  So give them something positive to mimic. 

I could write so much more on this, but I'd appreciate hearing how you're showing you're children positive money habits. I'm open to learn. Besides, I'm NOS...