In Part 1, I reflected on the foundational lessons we taught our kids about finances when they were young—saying no, avoiding debt, and gradually transitioning them to independence. Now that two of them are adults and one is still a teenager, we’ve shifted to teaching...
Fourteen years ago, I wrote a post about how we were teaching our young children about finances. It all started with one word: “No.” Not just saying it but teaching our kids to say it to themselves. At the time, those lessons felt simple but essential—teaching them to...
Last August, I wrote a post about Teaching Finances to Children. It was one of my most popular posts on this blog. I wrote it after observing some situations where parents just gave and gave and gave to their kids because those parents felt their kids should have...