Meaning they might not know what exactly to budget for. Check out this article for how to set up your kid money system.Īnd they may not have any money responsibilities yet for what they have to spend their money on, like a teenager would. Psst: being consistent with getting money in your child’s hands is one of the most important things in teaching kids how to budget and manage their money. Making decisions about money you might not have coming in can make the whole thing seem pointless, right? Kids face some interesting situations when trying to budget, and these can derail their efforts before they – or their parents – truly give kid budgeting a chance.įor example, kids may not be getting consistent income at this point (through an allowance, chore commissions, after school job, etc.).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |