Modeling a Smart Money Mindset for Your Family

Your family is always watching…  

It’s true. Most of what your family takes in about life and how to live it comes from what you say and the behaviors you have regarding what you say. Tiny humans are like sponges, and they make assumptions about life based on the modeling you do every day of their lives. Why not model a smart money mindset for your family?

 Parents are faced with some big decisions as their children grow. How much they can share about real-life situations and if they do share, how honest they should be about them. It is important to match a child’s development to the level of information they receive. Likewise, it is important to not place undo responsibility or expectations onto children who aren’t supposed to carry a parent’s burden.

This can make it really hard to share certain struggles that a family may face in the financial realm. Failing to be honest about financial issues can lead to fairytales where life...

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