Raising children who save
Mine have made me so proud.
My children learn about money and learn about saving. At 11 and 7 they know why we just don't buy and buy for the heck of it. They understand how loans and interest rates work (even though we have no debt). They go through the supermarket ads and make request for things that are on sale. In 20 years they won't be in debt they won't have screwed up priorities and I am so glad my husband and I are giving them this gift over the gazillion of things we can go out and buy.
In giving children EVERYTHING don't these people see how stressful their life will be when these kids become adults and have to make their own choices? I just don't get it. While our kids have more than most and we are extremely blessed they worked for their big wants like MP3 players and such. The other stuff is Christmas and b-day which we put a limit on.
What are some of the ways you are helping your kids make better financial choices as adults?