Teach the Kids about Money

I try my best not to spoil my kids, even if I do spurge on them occasionally. I notice that they are so much happier with the gifts they get, but they don’t appreciate them if I’m getting too many stuffs for them in a short period of time. I used to be a shopaholic, and I slowly cut down on my shopping spree. Motherhood has put some sense and responsibilities into myself, and I treat money differently now.

I don’t want to see my kids ended up with the mentality that they can get anything they want with money or worse still, credit cards! My boy thought that he can pay anything with the cards and he asked for one for himself too when we are out. :P

It’s really bad to see my kids ended up with the wrong concept in money and get themselves into trouble like most youngsters do these days. A lot of them need help with bills and their parents’ money to get out of debt. Of course, some may also need the professional help from companies like Bill.com to consolidate their debts, but how long can they pay it off and be debt free?

Luckily, most youngster do not have houses yet, if not, they might also need mortgage help to pay for the house. If my kids ended up like this, I’m not sure if I should be helping them out or let them solve things out by themselves. So, I better put some positive money sense into them before it is too late.

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