Teach your kids about money: A guide to teaching your kids about money and finance over the years

By age 7, your kids’ money habits will already be formed. Want to play your part in helping to form these habits? Read on to see how.

Many parents dread talking to their kids about money in fear of opening pandora’s box. But firstly that box is probably already open; you will be surprised at what kids soak up from their friends, what they see on TV and on social media and what they hear you talking about at home. And secondly, if it isn’t already, it likely will be soon and this will be out of your control.

It may be better if we actually open this box from time to time anyway. Not talking to your kids about money can actually make them think that money is something to fear, that it is something dangerous and harmful. And we don’t want our kids starting out with an unhealthy relationship with money, because they will take this into adulthood with them.

But there will be many parents, like yourself, who do want to open up to their kids about money, to perhaps make sure that they don’t form the same bad habits that they formed as a kid or to equip them with all the money skills they need to help them through life, from how to save to how to give money away to those less fortunate than themselves.

If this sounds like you, keep reading; this book will definitely give you all the help you need to make this happen.

In ’Teach your kids about money’, you’ll learn:

• The main rules that govern how you teach your kids about money;
• Some of the psychology around how we form our money habits;
• What to teach your kids about money at the different ages;

And much more!

And as a free bonus, there are some fun exercises for you at the end of each chapter to help you put what you have taught your kids into practice!

You may be dreading the conversations with your kids. Or worry that you won’t be able to help them very much. But try not to worry, even the smallest thing you can teach your kids about good money habits will go a long, long way. And you don’t need to be talking about money all the time. Take it slowly, at your own pace or the pace you think is good for your kids.

Even if all you do is teach them one good money habit, that’s a great start and better than where you were yesterday.