"Raising Financially Savvy Kids: Three Lessons from My Family"
Teaching kids about money can be a challenging, but rewarding, task. As a parent of three, I have had the opportunity to see firsthand how my children have learned about money through their own experiences and observations. Here are three tales told by my children that illustrate the lessons they have learned about money: Tale #1: The Value of Hard Work My oldest child, Sarah, learned the value of hard work at a young age. When she was in elementary school, she started a lemonade stand in our front yard on weekends. She learned how to make lemonade, set prices, and make changes. She also learned that the more effort she put into her lemonade stand, the more money she made. Sarah's lemonade stand taught her that money doesn't come easily and that it takes effort and hard work to earn it. It also taught her basic business skills, such as pricing and customer service. Tale #2: The Importance of Saving My middle child, Jack, learned the importance of saving money when he was in m...
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