When your kids are older, you want them to have a good education. You want them to purchase their own home (the American Dream) and have a career path to be able to put money away and grow their family toward retirement.

But what is the American Dream?

A big house note?

A big car note?

A big credit card bill?

The truth is that we shield our children from our own struggles with family budget and saving money.

Here’s another truth: Instead of putting 100% of your focus on their more formal education, what would it be like to spend 30% of your focus on giving them a good personal finance education?

You could involve them in the reality of being an adult so they see how you pay bills. They can see how you manage money. They can see you reach for things like this blog to help you maximize your income and save when you shop.

If you moved just some of your focus from the traditional to an untraditional role of teaching them consistently about money, how much money could you save them in their lifetime? How much better off will your grandchildren be?

When you focus on reducing and eliminating debt and what that will mean for the future of your family, you will grow your family knowledge and prepare your children for their own future.

When you focus on having a good emergency savings fund for today (15 to 18 months of your expenses in money market savings and certificates of deposit), you underline for your children how important balance and planning is in daily life as an adult.

When you share with your children that saving and regular investing is a non-optional part of your daily life, you strengthen what they know so they are prepared for adult life AFTER they get their degree.

Teach your children. Share with them. It won’t hurt them. More than that, it will help them more than you ever recognize.

You can do it! Go forth and engage your children. Let them be part of decisions. Let them pay some of the bills. Won’t that be fun? It will teach them responsibility.

It will help them for the balance of their lives.

HELPING YOUR KIDS GET AHEAD

If you think I was born saving money, you are wrong. My family is filled with hillbillies from Louisiana. There are members of my family that don’t believe in 401ks or IRAs. I was not brought up to save and invest regularly and I have made every mistake you can think about when it comes to money. I have had to learn the absolute hard way how to get savings on track and make it a part of your life without killing your lifestyle. I have had to learn the hard way how companies mislead with marketing. It is my mission to share what I have learned about regularly saving with my own children and also share it with you. That’s why we have a lot of “free” (blogs like www.boostmywealth.wordpress.com and www.stickyasset.com/blog and groups on Facebook like “Coupons & Coupon Codes”)!

In this country we don’t do enough to teach our children about money, managing money, saving regularly (and automatically), compound interest and steady investing for a long-term future. As a parent, we are always concerned that they get a good education and go to a good college so they can make a lot of money or have a valued career path. The truth is that we could do our children the biggest favor and one of the best things by sharing with them sound saving and investing principles.

You can join our free Facebook group (or have your children do it, too) by searching in the Facebook bar on your “wall” for “Live The Lifestyle Your Family Deserves.” Click on “become a fan.” It’s free and it ties our free blogs into that group.

If you want to give your children the same information we are giving ours, you can purchase the only thing we sell on any of our blogs or groups. It’s called “How To Survive Any Financial Crisis” and you can get it for only $4.95 at www.middleclassmoney.com.

Thank you for reading our blog and good luck!

Loyd Ford
www.stickyasset.com/blog
www.middleclassmoney.com
www.boostmywealth.wordpress.com
www.squidoo.com/boostmywealth
www.stickyasset.com

Connect with us on Facebook with these free groups:
“Coupons & Coupon Codes”
“Live The Lifestyle Your Family Deserves”
“Saving Money”