Madeline
Rookie
- Banned
- #1
I have a kid in her 30's, so I'm not an active parent any longer. When she was little, there are things I wish I had done differently but she's turned out more or less okay thankies to some lucky accidents.
One thing that became a lifelong blessing was she got hired on as a receptionist/general dogs' body at a small credit counseling office when she was in high school. The owner eventually turned over most of the responsibilities to her...depositing checks, meeting with clients, etc. She knew good and well what a FICO score was when she was 16 and 17, and back then, few adults knew. It has been a tremendous assist to her.
What would I have done differently? I'd have let her see the budget. What I earned, what I spent it on what, etc. Now, if we had been terribly financially stressed I might not have done this, and I wouldn't do it with a kid who was in middle school or has emotional problems. But by high school yes, all things being equal...I think a kid would be able to grasp the family budget and to know some things are not for sharing outside the family.
How did you/do you teach your kids about money? Is this an urgent matter to you?
One thing that became a lifelong blessing was she got hired on as a receptionist/general dogs' body at a small credit counseling office when she was in high school. The owner eventually turned over most of the responsibilities to her...depositing checks, meeting with clients, etc. She knew good and well what a FICO score was when she was 16 and 17, and back then, few adults knew. It has been a tremendous assist to her.
What would I have done differently? I'd have let her see the budget. What I earned, what I spent it on what, etc. Now, if we had been terribly financially stressed I might not have done this, and I wouldn't do it with a kid who was in middle school or has emotional problems. But by high school yes, all things being equal...I think a kid would be able to grasp the family budget and to know some things are not for sharing outside the family.
How did you/do you teach your kids about money? Is this an urgent matter to you?