Mind you, keeping kids financially grounded is not for the faint of heart. By allowing children firsthand experience in earning, saving, and spending their own money, they are more likely to have a savvy sensibility about managing their expenses as adults. But kids are kids, and let’s admit it—spending money is fun.
So there’s no better day than Thanksgiving to talk about the bounty of gifts you and your family have, and how kids can not only save for their financial futures—but how they can share their wealth with others.
That is a tradition that I’ve had with my children since they were little. In fact, Thanksgiving is more than a day for giving thanks—it marks the start of the season for expressing gratitude and sharing with others.
Caring Is Sharing
While many of us are focused on building wealth for our financial future, this is the perfect time of year to share with those who struggle to make ends meet. Here are a few of my family’s traditions. I hope you are inspired to give back in your own special way.
Timing Is Everything
When you commit to instilling strong financial values in your children and encouraging their positive saving and spending habits, the benefits are immeasurable.
Remind them that their self-worth is more important than their net worth. Managing money is a lifelong skill, so teaching your kids good habits early is a sound investment in their future. There’s no time like Thanksgiving to start the conversation.
“The best time to plant a tree was 20 years ago. The second best time is now.” — Chinese Proverb
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