Teaching your children about money is the best way to impart your most important values-as well as to make sure that they don’t wind up broke on your doorstep at 35. Giving your kids the tools to manage their own money wisely can instill in them a sense of accomplishment and self-confidence as they set out on their way in the world. They will also be better prepared to deal with the challenges of the workplace, the lure of credit card offers, and the excitement of starting a family, buying a house, or launching their own business.
|What is the funniest money misconception your children have had? What episodes of “Kids Say the Darndest Things” (regarding money) have you had in your family?|
|Things to Talk About|
|Of course, teaching your children about money goes beyond practicing math skills with your change purse. Teaching your child about finances goes is more than teaching smart money management. You are instilling in your son or daughter the skills and values they need to succeed later in life by teaching them responsibility, patience, the importance of charitable giving, and the benefits of planning. What’s more, you’re showing them that while money isn’t the answer to all of life’s problems, it can be a powerful tool for achieving goals and boosting self-confidence.Pick the question your Club finds most interesting. If there’s still time, pick another one — or make up your own!
|Catch Yourself Doing Something Right|
|Share your success with your fellow Club members:
|What Will You Do Today?|
|Choose one Small Step to do before next meeting, and pledge to the group to do it. To select that 15-minute exercise, ask yourself these questions:
Don’t drive yourself crazy. Remember, you can do anything for 15 minutes! For example:
You get the picture. This is like Goldilocks. Don’t try to do too much. Don’t try to do too little. Do it just right.
|Money Attraction Affirmations|
|Choose one affirmation to motivate you to achieve your goals, something like:
|The Money Zone for Next Meeting|
|Cast your vote: Does your Money Club want to stay in this Money Zone, or do you want to move on to the next Money Zone?If your group decides to Stay in the Zone then, future Money Star, check out these fun articles so you can discuss them at your next meeting. Even if your group decides to move to the next Zone, you still can explore these on your own.Teaching Your Children About Money
Using Your Child’s Learning Style
|Just For You|
|Before the next Money Club meeting, do the Just for You Exercise called Playing Games with Your Money.Don’t skip a meeting if you don’t get this done. Half of life is showing up, Money Clubs included. You can tell the group you didn’t get it done, and they will encourage you (not bug you) to make a date to do it soon.Discussion questions for your club meeting: