Budgeting for Kids
Showing your children the ropes when it comes to effective money management.
“Common wisdom” tells us kids should be kept out of money talks, but this kind of thinking is what’s led to so many of us at being so bad at managing money. Our parents didn’t teach us, and neither did the school system, so learning financial lessons has been left to trial-and-error once we were out on our own. No wonder so many people end up in debt!
Do better for your children and teach them how to be good money managers as early as possible. Consolidated Credit’s certified credit counselors advise clients include children in household money discussions. That way, they can understand how hard you’re working to give them a good life – and how a constant stream of “buy me, buy me,” can put stress on your family’s budget.