Sunday, May 27, 2007

Teaching children good Financial sense

I am concerned, that will credit becoming so easy to get, that my children will not have good financial sense. They are still toddlers so they do not understand money yet, of course, but it would be useful to know how to teach them about it, as schools do not bother. If any parents out there have any tips or have found any useful reading material please let me know.

I know as a child I had a money box and was given only very little pocket money as my parents didn't have much money. they occasionally got loans out for work on the house but they did not like doing it and it stressed them up. They did not have a credit card. I do not remember them teaching me much but I am sure that their monetary experiences have rubbed of on me. Do you think that this is true? If we are careful with money will it be enough?

I have posted this as a discussion topic on MyLot, so if you are interested in others opinions on it then please take a look by clicking here.

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