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How parents can teach effective money management to kids
- September 14, 2012
- Category: Financial Planning
No CommentsParents want their kids to have all the best things in the world and they think if they can afford it, why not? In fact, many parents are tempted to give money to their children out of guilt. The guilt of not spending enough time with kids is compensated with money. Eventually, kids get adapted to a spendthrift lifestyle and sometimes resort to emotional blackmail if their demands are not met. Not to mention, the peer pressure building up on kids makes them a bit insensitive to the value of the hard earned money of their parents. Our present educational […]