Teaching Our Kids the Financial Facts of Life
Every parent wants to support his or her child’s dreams and aspirations. Most have worked hard to provide their children with the best of everything—access to a quality education, exposure to a variety of experiences and cultures, and, yes—the ability to enjoy creature comforts we couldn’t even fathom at their age. I don’t believe you should feel guilty for trying to enrich the lives of your offspring. But to put it bluntly, many of us have spoiled our kids and have not prepared them for the real world. That’s why today’s harsh economic climate offers an invaluable opportunity to deliver life lessons they will not learn in the classroom.
