I was chatting with a friend today. She said, “I know you’re intense about your allowance, but…”
I stopped her. “We’re actually not all that intense.” (Cue my kids rolling their eyes.)
Why? Because we’re parents and with lives. Financial education for our kids is obviously important for our kids. But like any parents, we slip up:
- We’ve missed allowance payments in the past. It’s ok. We’ll all survive!
- Our kids have made purchases that frankly embarrass me. Like many parents, we harbor the hope that we’re raising prodigious savers and brilliantly smart spenders. Sometimes that’s the case. Sometimes it’s not.
- Too often, we’re not diligent enough about helping our kids get that Share jar money into hands that could use it as quickly as we should.
It’s ok. Financial education for kids is about consistency. We’re pretty consistent and I think we’re doing a good job. You don’t have to be intense. You just have to be there and open to a conversation with your kids about money.