Useful and practical tips to get your finances in order.
“Daddy, why did the lady give you money?” asked my daughter Marie back when she was 5. We had just crossed a toll bridge and Marie was trying to make sense of the transaction at the booth.
Supplying children with a more solid understanding of finances in this current economic world should not only help them understand the concept, but may even make the lives of parents a little easier. Parents know money really does not grow on trees, magically appear, or is available in never-ending supply (at least not for the majority of the population), but children have no clue. Some of the best lessons are learned through first-hand experiences. Helping children understand the basics while applying the principles, could go a long way towards keeping them financially healthy in the future.
Times are tight, so this is the ideal time to perfect the art of budgeting. It really isn’t the dirty word everyone thinks it is and can be implemented almost painlessly. All it requires is a bit of advance planning and determination. (For those of you short on determination, one successful trip will help that determination grow by leaps and bounds – I guarantee it!)