The Generation Gap: Passing Sound Financial Practices Down The Family Tree
In our world of keeping up with the joneses, its an everyday struggle to resist buying the latest, greatest toy to wow our neighbors with. But how did we come to be this way?
If youre a Baby Boomer, your parents probably werent like this. They were too busy trying to feed, clothe, and provide shelter for their families; everything else was gravy. But in todays world of borrowing, credit and instant gratification, seemingly anything we want, we can have. We pay for it for years, and thanks to interest rates, we end up paying a lot more than actual sticker price. But hey, we have it now, right? Thing is, if we step back and think about it, we can learn a lot about finances from our parents. We can also pass that info onand then someto our kids, creating a lineage equipped with sound, smart financial knowledge.
Teach them about todays money
Spending isnt like it used to be. Through the prevalence of checks, credit cards and debit cards, cash is a rarity in todays world. But its important that our kids understand where money comes from and how its used. When you plop down the...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
