If you are going to teach kids about money you must first realize that this is going to be important to how they choose to look at money in the future. Basically how they are able to learn now is how they will work with money when they are adults. So you need to make sure and think about how you are doing to talk about money.
It is so important that you have a positive influence on your kids when you are teaching them about money which is why you might need some help. There are some main ways that children learn and by knowing these you will have better chance of teaching them right. These include major incidents, modeling behaviors, and verbal programming.
Basically talking to your kids about money is all that verbal programming is. You should see what they already know and what they think based on what they have heard. Once you know this you can figure out what direction your conversations need to go in order learn things.
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.