Our children are not learning how to manage their money. Parents bad financial habits are making a big impression on their kids and how they will handle important financial decisions in the future.
Kids are not learning how to become smart consumers, savers, credit card holders, or understanding any type of real financial responsibility in schools. So it is up to parents to show future generations the way and not repeat past mistakes.
Robert Palmer explains how parents can teach kids about money in Wednesday’s lived episode of Saving Thousands:
Read the article on Parent’s Bad Financial Habits here.