Have you been sharing good financial habits with your loved ones and your kids?
A recent article I read has some ideas to share.
In a nutshell, parents were advised to speak to their kids about appreciating the value of money.
It’s vitally important for children to understand that money is earned through considerable effort and that they should always spend within their means.
By instilling these important tenets in them, they will grow up to become responsible adults with the financial discipline to build and grow their savings.
But, why are savings so crucial in wealth-building?
Simply put, if you don’t save, you can’t invest.
Personal finance stands at the core of all successful investors, because if you do not squirrel away enough money every month, then you won’t have any to spare for investments.
So, by teaching the next generation the importance of savings and the value of money, we can...