financial lessons
Research has found that while future generations take on even greater financial responsibility (with the cost of education, housing…and everything…always rising), they also tend to be financially incompetent.
If we don’t stop to pat ourselves on the back for our smaller milestones, how are we to find the motivation to keep going towards those larger ones? If we don’t stop to recognize the progress we’re making, how are we to even know we are getting anywhere?
Even from a young age, you can start to teach your child about this concept of appreciation. If she has a toy that is a collector’s item, you can show her what you bought it for, and what it’s going for on resale sites. You can also talk to her about things that only depreciate, like cars and clothes, so she never spends too much on those.
Find out when exactly you should start teaching your lil cutie about money.