In a video, a certified metaphysical life coach shared advice from another content creator about why telling your kids you can't afford something may make them more likely to deal with poverty in adulthood. This sparked a conversation about the merits of discussing money with your children.
Like most of us, my school curriculum did not include the basics of budgeting, financial planning, and investment — excluding that one lesson about how to fill out a paper check, which was squeezed in between how to sew a pillow and how to read a recipe. I wasn’t modeled these financial literacy concepts at …
A 16-year-old girl has questions how her mom spends the child support her dad sends every month, feeling entitled to spend it herself. But a teenager asking about household spending is the perfect opportunity for the mom to be transparent and teach her about finances.