Reply to If your teens are very responsible with money, how did you teach them that?

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Reply to "If your teens are very responsible with money, how did you teach them that?"

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[quote=Anonymous]I have thought about this a lot.  My kids (16 and 13) seem responsible with money but its really too early to say.

My parents taught me and my siblings about how to manage money fairly well without doing anything overt.  I often wonder how they did it.  I think it was by good modeling and being open about how they made decisions.  We (siblings) are all neurotypical so that was sufficient.  When I saw friends that didn't seem to know how to manage, they seemed to understand how they might negotiate with mom about a pair of new sneakers or whatever but never about how their family made overall choices.  I have tried to expose my kids to our financial decisions as much as I can.  Like my parents before me, I have always done things in percentages, or "lets say we have $100" scenarios.  We dont tell our kids our HHI or how much we really have saved because, again, I never knew from my parents.  I had a rough idea that they were middle to upper middle class - that was enough and the details did not matter.

Its a good question OP and I am following this thread with interest.

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