If you are committed to teaching your kids how the world operates, teach them about money. You can use financial principles to teach everything from math problems to social issues. That’s because money is about values, relationships, choices, and self-worth.
While teaching your kids important values to guide their lives is of the utmost importance, when all is said and done those values are more likely to be caught than taught.
You have to live what you teach. Walk the talk. Teach by example.
If there is one thing that will ruin your kids’ lives, it’s greed. Teach them while they’re young how to pull the plug on greed, and you will have prepared them in a very important way to not only survive but also thrive in the real world. You might want to start with this lesson: