April is Financial Literacy Month! It’s such an important time for me because I truly believe in the importance of education, especially around money. The reality is that the schools don’t provide much, if any, financial education.
So, I want to make sure you have the tools to feel confident in sharing this information with your kids and also so you are confident in advocating for yourself when it comes to your finances.
I remember learning about money at a young age — I must have been about 10 and my brother was 15. My mom was a single mom. She hurt her back and couldn't go grocery shopping, so it fell to us (my brother and I) to go to the store and get what we needed.
It was the first time we had to be responsible to get the groceries and it was a little scary. We were in charge of making sure we chose wisely so we would all have food to eat for the whole week and hadn’t loaded the cart with groceries that would exceed our budget.
Even though it was a...
Teaching kids about anything (and especially money) is always easier when you make it fun for them to understand, so that’s why I love games! Using games to talk to your kids about money can be rewarding because you have an example right in front of you to base your conversation on.
I don’t know about your kids, but hands-on experiences are always preferred to hypothetical discussions in my house! (And, let’s be honest, they don't want to hear a lecture about money and quite frankly, I'm guessing you don't want to give it.)
Talking to your kids about money can be a confusing conversation to have, especially if you don’t even want to have that conversation in the first place. So, why not incorporate it in your family nights so it's not a drag?!
On Sundays, we usually have dinner at my mom's, which is often followed by an evening of board games and other family fun. Here are some of our favorites that teach some great lessons on financial literacy.