Here are some tips to help get those kids back into the game - without breaking the bank!
If you’re like many parents, the thought of having a money talk probably sends you into a cold sweat even more than the birds and the bees. But there’s no time to lose – studies have found that kids start absorbing money messages very early on. And while money can’t buy happiness, it’s closely intertwined to a sense of abundance in life.
Children’s money habits are formed by age seven—the age when most parents are struggling to get their kid to eat broccoli, let alone understand the ins and outs of personal finance. While it's something that we all struggle to talk about, any parent, financial guru or not, has the capacity to teach kids about money, because there are only a handful of concepts that really matter.