What you are going to teach kids about money now will play a huge role in their future and how they continue to think about money even as adults. As adults the things that they are learning from you will be remembered and will shape their opinions with money. This means that is far more important that you think about what you are going to say prior to saying it.
If you want to have a positive effect on a child then you should know that there are some things that can help you to be more positive. Keeping in mind that there are some main ways that children learn and think is also important. This includes the three main ways of learning which are modeling behaviors, verbal programming and major incidents.
Verbal programming is basically just talking to your kids. This is how you ask them about what they know about money and what they have previously heard. It also includes learning about what they think and why they think that way which can help direct your conversations.
One of the hardest things to do when it comes to money is be constantly aware of modeling behaviors. This is because there is always going to be something that your kids pick up from the way that you think and act or talk about money. So if you want your kids to have a healthy relationship with money then you should exhibit the same for yourself.
Major incidents are the final thing that can really shape your kids reality when it comes to financial issues and matters. This is basically what your kids are exposed to. If they see successful people who are smart with money they are going to learn these behaviors as well.
There are many things that can help you when it comes to what you teach kids about money. As a parent you will want to make sure that they have the basic knowledge that they need in order to have success with money as an adult. The easiest way to do this is through being able to plan the conversations that you have with your children about the topic.