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Are there any negative effects when we teach our children about money at an early age?
Total of 7 comments
Thank you so much and more power!!!Feb 01, 2011 02:46 pm
In my experience, the effect has been positive because they became more cost conscious and also investment conscious. They developed confidence and discipline over money. My husband and I are also confident to allow them to follow their passion in their pursuit of career because we know that whatever they get into they will know how to fend for themselves - no need to dictate on what course to take up. To appreciate my point, you can read my stories about money in Chapter 6.
Maybe the safeguard to the danger that you're concerned about kids being too money savvy is to make sure that you know your money values very well so you can impart these in your kids at an early age. As a family, find out what things you value most. Because really, no amount of money in the world will make you happy if what we do with it do not agree with your core values.
Happy saving and investing and may you raise your kids to have high FQ!
Very valid, pithy, suciccnt, and on point. WD.Jan 31, 2011 09:32 am
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