Month: June 2023

Teaching Children About Debt And Money

As a parent you must instill responsibility in your kids. Teaching kids about money is oftentimes ignored. Lots of parents make their finances into a secret point instead of involving the entire family in the conversation. This can result in a generation of kids lacking comprehension of what it really means to possess and utilize money efficiently. Parents should avoid discussing money with their kids and instead educate them about money and credit concepts. Parents should even talk to kids about how to monitor credit scores in order to track their very own financial health later on, more on this here