I spend a good amount of time trying to teach my kids about money. Sometimes I’m transparent with my lessons, other times I’m more discrete.
Years from now, once my kids have grown up and become adults, I’ll be interested to talk to them about money once again, but this time I’ll want to know what their first ‘money memory’ is, and whether or not it’s had an impact on how they manage their personal finances.
Will they remember how I forced them to save 50% of their allowance and how “totally unfair” that was of me? Will they remember me droning on and on about “the best thing money can buy is freedom. yadda yadda yadda.” Or will it be something else entirely?