Parents, I know that teaching your child just about anything can get tricky, especially if it’s part of a complex subject. Such subjects may also be considered “Boring” by your child (Although, to be fair, as a child, even you probably thought these subjects were boring. But, hopefully, now you don’t, and it’s about time you step up to the gargantuan task of teaching your child some important-for-life subjects that you wish you had learned yourself early-on.) One such subject is Finance.
Yes, finance may not have been a subject that you would have deemed in your wildest dreams to be necessary for your child. Even though it may not be necessary right now, it certainly will benefit them in the long run. Unfortunately, all schools don’t teach this crucial subject, and that makes it your job as a parent to help them learn about it. Furthermore, once they step out of the cocoon of your home and into the real world, they will have to manage their money – whether they know how to, or not.
There are two possibilities: 1, You have educated your children about the wonders of personal finance early on, and they are reaping the benefits of their excellent money-management skills for the rest of their lives. Or, 2, they don’t learn about personal finance and end up making decisions that could be better, and are forced to pinch pennies because they didn’t learn how to manage their money well. Of course, these are extreme possibilities, but if your kid(s) don’t learn money-management early, they could end up working harder than they have to, only to barely sustain themselves. But don’t worry, Easy Peasy Finance is here to help.