If you grew up like I did, your parents didn't share much about their finances. Without going into the "why's", I will say that this sort of parenting does a great disservice to our children. It's one thing to go as far as utilizing a budget with your kids but if you don't show them "how" you are managing your money, even if you don't think you are doing it very well, how will your kids know how to manage money themselves? You don't have to do it perfectly for them to learn something from you.
For this weekend's challenge, I would like you to take a first step at opening up dialog with your child about managing money. I want you to choose a financial statement of yours. It can be just your pay stub or it can be as complicated as your completed tax return. Pick one that you are comfortable sharing. Now I want you to show it to your kids and explain as many of the line items as you can. If you don't know how to explain it, look it up! You just may learn something you never knew.
Have a great weekend!
As a Parent Coach and Mentor, my passion lies in empowering parents to make the best decisions they can for their children and their families as a whole. As a well-trained coach, I can be your facilitator and accountability partner for long-lasting, meaningful change that has a permanent, positive impact for your family. By focusing on the values that you hold most important in your life, I can help you create and maintain the type of parenting relationship you want to have with your children, now and into their adulthood.
I am a homeschooling mom of four children in Massachusetts. I am also the author of a book called The Herbal Beverage Book, which can be found on amazon or directly on my website. When not coaching, writing or spending time with the family, I enjoy Hayao Miyazaki films, new and classic Dr. Who episodes, anything related to American history and a great glass of mead.
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This blog is a collection of thoughts, articles and perspectives I have at any one time. While I am pretty consistent in my beliefs, life changes and evolves along with experiences. You may feel a connection with me through my writing yet I never want any of my readers to misunderstand that the connection you feel is with a perspective I have shared and not me as a person. I am continually humbled that I am able to connect with my readers, and I hope to continue to be able to for many years to come, but it doesn't make us connected in any way beyond this. If you connect with what I write and know me as an acquaintance, this in no way reflects that I have any knowledge of you, your situation in life or that I am writing with you in mind. It is merely that I have shared a human experience that most likely very many others have had has well. This also goes for anything I post on my Twitter account, Facebook Page and Facebook personal page. I wanted to make this disclaimer as clear as possible so you know that any misunderstanding you choose to have is not my responsibility.