Should You Teach Kids About Money? I get a lot of personal and business wisdom from the book of Proverbs. It is a short book in the bible, but was written for the reader to attain "wisdom and discipline." I find it very interesting that the very first insight has to do with teaching your children about life. Most of the clients I meet with did not learn much about money from their parents. I know that neither my wife nor I did. I find it interesting that many times we're left on our own as young adults to learn about the 'real world'. Wouldn't it be better if our kids could learn from our mistakes? "Train a child in the way he should go, and when he is old he will not turn from it. The rich rule over the poor, and the borrower is slave to the lender." - Proverbs 22:6-7 Most people have heard those two verses, but not many people know they are right next to each other in the bible. If we want to impart wisdom and knowledge in the next generation, let's teach our kids about our mistakes. I've already started with our youngest who just turned one, but I'm struggling to fit in all the lessons I've learned before she moves out!
 |
