When to teach Children about Money? Is it a dads job to do so?

Money and Children sometimes go hand in hand depending on your wealth, If you’re like most families having a child means that your family will drop in wages, and usually the father will continue working. Why would you teach children about money? When is best to teach children about money? Who is going to teach them?

This is something that is close to my heart, being that I wasn’t taught what to do with money but I grew up around money and from a family with money! My grandfather had money and taught us to stand on our own feet and to earn it for ourselves, so at the time I thought he was “tight” but it means that through my teens and adulthood I have also been very frugal with money. Therefore I want to make sure Pyper grows up with an appreciation of money. It’s like water it slips through your hands very fast, so make sure you don’t carry too much at once.

10 Things I wish my parents had taught me… better.

Enough time has passed in my life where I can look back and (mostly) understand the things my parents had taught me, or at least tried to teach me, or maybe forgot to teach me as I was growing up. I wish now that I had paid attention and listened to the importance of knowing these things and how they will ultimately shape the person that I have become, or have yet to become. I plan and hope that I will be able to teach these things to my son, so he truly understands the importance of each lesson as he begins his life.

7 Things to Teach your Kids About Money

Did you know that many people retire broke?

It's true. After a lifetime of hard work and having earned literally hundreds of thousands of dollars, they end up with nothing.

So where did all their hard-earned cash go? The answer is, it passed right through their fingers.
While schools are great at teaching algebra, calculus, and geometry... how many of us learned about the basics of personal finance and creating financial security for ourselves?

The truth is, the earlier you learn to handle money, the more likely you are to manage it properly and live a prosperous life.

So why not provide a little home schooling for your family and teach them the basics? Here are 7 important lessons to instill in your kids about money:

1. Save something of what you earn
Acquiring the savings habit is one of the smartest things you can ever do.

So you’ve just had a kid

So you’ve just had a kid. I’ve been there twice and know that it’s one of the most overwhelming experiences you will ever have in life. Your feelings will have ranged from excited, overjoyed, exhausted, under-prepared, nervous, over-cautious and jubilation – and its not even lunch time yet! But ultimately, it’s all good. You know that despite all the sleepless nights, dirty nappies and hard times, you have embarked on something priceless. A life-long relationship with the most important person in the world – your child.