As tough as it is to have conversations about finances, it can be even tougher to have those conversations with your kids. Sometimes, it seems they want to buy everything in sight – and who could blame them? There’s a reason why people compare spending cravings to feeling “like a kid in a candy shop.”
It’s crucial to get your kids on the right road to understanding the value of saving. And making savings attractive to them early in their lives can go a long way to making them financially responsible adults.
How do you approach the topic of saving with your kids? How do you get them to make deposits?