As a parent, are you teaching budgeting to your kids? Many parents wonder at what age and at what important junctures should they teach their child how money works.
Our approach at The Alexandrite Group LLC is to “train the trainer”. We build confidence in the parents so they can educate their children. We show parents how to teach their children that saving pennies can add up to prosperity; how compound interest grows the balance in a bank account; how to avoid getting into uncontrollable debt; and how to put aside money for big and even bigger dreams.
It is never too early to start. We suggest, “start when your children are young and impressionable.” Children who are empowered as savers today, will be investors tomorrow, and potential creators of wealth in the future.