Teach Your Kids About Money.
The sooner you teach a child about the value of a dollar and what it takes to earn it, the better. Growing up, I wish I had known a lot more about money and now that I have kids of my own, I try to teach them that sometimes you have to wait to buy something. That means saving your pennies to buy what you want.
As a kid, I remember saving more months for a toy that I really, really wanted. It was a Treasure Troll doll, not the little figurines but, the big ones with soft bodies and of course a huge gem in the center of its belly. I recall the extreme satisfaction that I felt when I was finally able to buy it. I was convinced that they were THE best toys and I unabashedly saved two of them and still own them today. Though, my kids are not big on them like I was. That was apparent when they said, “Ewww, Mom–what are these things?”
Having a conversation about money when they’re young can make a huge impact when kids reach adolescence and adulthood. Who knows, it can be a Minecraft game today (or Treasure Trolls, like me) and saving for their first car tomorrow.
This Tuesday, Stacie from Simply Stacie with TD Canada will be chatting all about how you can start this conversation and teach your children all about money. It’s going to be a super fun hour! I know that I’m excited!
Twitter Chat Details:
Date: Tuesday, November 17, 2015
Time: 9 to 10 PM EST
Chat Host: @simplystacienet
Chat Sponsor: @TD_Canada
Prizes: Five (5) $50 Amazon.ca gift codes.
Eligibility: Open to Canada, excluding Quebec.
Rules & Regulations: http://goo.gl/l1267G
See You There!
I can’t wait to learn more about how I can teach my girls about money, it is something that is truly essential. The more educated we are about it, the more we can teach them! So, don’t forget, it’s this Tuesday, November 17th at 9PM.
Will I see you there?
Let me know, til then–cheers m’deres!
Disclosure: I was compensated for this post. All opinions expressed are 100% my own.
Nancy Polanco is a freelance journalist, lifestyle content creator, and editor of Whispered Inspirations. She is a proud Mom to Gabby and Michaela, and wife to Darasak. Having worked as part of a health care team for almost a decade, Nancy is happy to be back to her passion. She is a contributor to the Huffington Post, TODAY’s Parents, and an Oprah Magazine Brand Ambassador.