Financial expert says stop saying 'we can't afford that' to your kids to develop their money literacy

Financial expert says stop saying 'we can't afford that' to your kids to develop their money literacy
💡

Why This Matters

Stories of human connection like this remind us of the power of empathy, kindness, and community support.
Talking with kids about money can be tricky. Parents want to help their young children understand how money works while also making it clear that they can't buy that toy right now. Saying "We can't afford that" might be the quickest way to get a child to stop asking you for something when money is tight, but one money expert and mother believes there's a better approach.Financial influencer Samantha Bird doesn't want to shame any parents, but she believes that saying "We can't afford that" can shape a child's mindset and long-term relationship with money. She argues that the "can't" in that...
Read Full Article at www.upworthy.com

Original story published by www.upworthy.com. Peanutlife curates and shares uplifting news to brighten your day.