Benjamin Franklin said, “a penny saved is a penny earned.” In today’s economy, this expression could not be any more of value. Literally. Wise financial planning encourages wise spending and saving for the future and in the long run can have a profound impact on your child’s life. But when and how do our children learn about money, financial responsibilities, savings, budgeting, debt, and credit? Perhaps some in high school – but for most children … they learn at home.
Information for this post is sourced from Genworth Financial in partnership with the SheHeard Influencer Network.
There are many ways to incorporate smart financial decisions into your child’s life that will help teach them the importance of money: