I've always been terrible with money - Looking back I can see that this comes from my parents terrible parenting. They were always in debt, told me that loans were available if I was ever struggling with money, used to lend me £100-200 to spend on clothes when I was about 14 and would then take it out of my pocket money each week to pay them back so I would then have no money for months on end because I was repaying my "debt", told me that kids didn't need to know about bills etc as they should just be children and not know about "grown up" stuff. As soon as I got a part time job, my Dad took 3/4 of my wages each month to pay towards bills.
Anyway, I'm terrible with money and I can only assume that it stems from this.
I have 2 little girls and I really want to make sure that they understand their finances & understand the value of money & learn to save etc and not get in debt. Can anyone give me any tips on how you brought your children up to ensure they are good with their money? My eldest is 4 and I was thinking of maybe getting her a little piggy bank to learn a bit about money etc. but to be honest I've no idea where to begin. Any tips welcome.
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Teach children to be good with Money
34 replies
mamawho99 · 16/04/2022 20:23
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