Let’s Begin With You: 5 Steps To Financial Literacy Parenting
Like any parent, the last thing you want is to see your own child suffer from bad money decisions when she or he becomes a young adult. Habits start from young and right. As the primary caregiver, it is your duty to make sure that your child has acquired the right habits in money matters before she or he is influenced by otherwise such as the consumerism culture. Thus, here are 5 steps you can begin with towards creating a financial literacy parenting style for your jewel in the family. Step 1: Make Up Your Mind If you do not have the mindset to start a habit within the family, it will drastically reduce the effect of the financial literacy parenting method. A child picks up habits from imitations. Hence, things will not go well if you are practising the opposite from what you are trying to cultivate within your child. In addition, you will have to be mentally prepared that you will get questions about your old habits and the change. Be ready to be open about your old (and possibly bad) habits and make it a learning journey with your child. Step 2: Find Teachable Moments There will always
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