The Future of Finances: How to Teach Your Kids to Be Money Savvy

Kids look to us to learn about life and they pick up far more from us about what we do then from what we say. Accordingly, we can best teach our children to be money savvy by modeling the habits we want them to take on for themselves and by involving them in the process. A good place to start is by being transparent about your financial habits when the opportunities arise. 
For example, you could have a monthly financial meeting and include your kids, and each month review your household income and expenses, like a business owner would when reviewing their profit and loss each month.
And, when you do your estate planning, involve your kids in the process by having a family meeting once the planning is done to explain the planning and introduce your child to us, as your personal legal advisor who they can turn to in the future, when needed.
Modeling sound financial decision-making for your child is an excellent opportunity to take a deeper look at your own financial habits. This is a good time to take an honest look at your finances to make sure you are on track to meet your goals.
Assess your financial health and consider taking steps now to secure your financial future. Practice what you preach and know that your children are watching, so make sure you are modeling habits you’d be proud for them to develop as they enter adulthood.
We don’t just draft documents, we ensure you make informed and empowered decisions about life and death, for yourself and the people you love.  That's why we offer a variety of planning sessions during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. Begin by calling our office today to schedule a Family Legacy Planning Session.