5 Pieces of Advice to Tell Your Child About Money is a series that will run every Tuesday for the next few weeks where some of the top personal finance bloggers share their thoughts on this topic. At the end of the series I will post my own 5 pieces of advice. The entire series can be found under Money Tips.
One of the things that I am really passionate about is setting a good example for the next generation. It seems that so many kids these days have no idea about personal finance and have not been taught the skills on how to manage money for the future. Many of them don’t have to work hard for what they have and so they haven’t developed an appreciation and respect for money earned.
This week, Flexo at Consumerism Commentary shares his thoughts on this matter. Here is what he had to say:
Thank you Flexo for participating in this series and for sharing such valuable insight!
If you would like to hear more about what he has to say on this topic, please read his article entitled “10 Things I Will Teach My Children About Money”.
Stay tuned next week where we will hear from Jason at Frugal Dad and what he has to say about this.
Teach your children: Make sure to use coupons to buy the things that you need or want, and to spend the money you save on other things that you want.