Now, people argue with me and say, “No, Cat. Family and friends are the most important thing in the world,” but notice I didn’t say money is the most important but understanding money. Because you see, the people who have a hard time with money are at risk for losing their homes, losing their families, and putting their children in bad situations. You have to be able to support and sustain your life in order to enjoy those beautiful family members and friends.
Furthermore, money is a taboo topic. People get awkward talking about it. I’m still not sure why, but it’s my job as a mom to make sure my two kids not only understand money but are comfortable using it, investing it, and talking about it. I wish I would have had a better understanding of investing from a much earlier age, so along with teaching our kids to be good people (#1 priority) teaching them about money runs a close second.
I enjoy looking up to other moms who have taken the initiative and done this before me. One person who has been an inspiration to me is financial advisor Shannon Ryan, who writes the blog The Heavy Purse.
Shannon is a big proponent of teaching kids about money from a very early age. She explains that our money habits start very young, and we often emulate what our parents do. Her father began teaching her about money as a teenager, and even then he had to undo some of her habits.
Shannon recently wrote a children’s book called The Lemonade Stand. It’s a really cute book that teaches kids how to spend, save, and share. I especially love the sharing aspect and really liked Shannon’s example of donating to the animal shelter. In the future, I look forward to learning more from Shannon about how to teach our children about finance, and I’d especially love some tips on teaching them how to invest in future books.
To celebrate Shannon’s book launch, I (along with several other blogger co-hosts) am giving away an iPad mini!
The giveaway runs from July 14-31, 2014 and is open worldwide.*
* A winner located outside of the United States will receive a cash equivalent prize via PayPal.
Co-hosted by Are Ya Gonna Eat That, Broke Millennial, Budget and The Beach, Budget Blonde, Budgeting for More, Busy Mom Budgets, Cash Cow Couple, Cents and Sensibility, Club Thrifty, Color Me Frugal, Debt Debs, Debt Roundup, Disease Called Debt, Eat Laugh Purr, Enemy of Debt, Eyes on the Dollar, Femme Frugality, Financially Blonde, Frugal Rules, Living Richly Cheaply, Luke 1428, Making Sense of Cents, Money Saving Dude, Monster Piggy Bank, Not Now Mom’s Busy, Reach Financial Independence, Shoeaholic No More, Stacking Benjamins, Tackling Our Debt, The Broke and Beautiful Life, The Finance Girl, The Frugal Farmer, The Random Path, Thrifty Dad, VeegMama and Young Adult Money.