Do You Sometimes Fear You Won’t Have Given Your Kids Enough Life Skills To Cope By The Time They Leave Your Family Home?
July 21, 2020
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I do. To my husband’s great amusement at the time, it started when my son was about 10 days old.
I worry that my son won’t know how to deal with life’s ups and downs. I worry that my son won’t feed himself properly and healthily. I worry about a lot of things but most of all, I worry that he won’t be able to cope financially once he has moved out of our family home.
I remember vividly my first months and years after moving out. My parents still helped support me, but it was not enough as I had decided to live in a very expensive city so I was working as well as studying full time. Juggling work and studying was difficult but budgeting? This was a foreign concept to me. My money was barely stretching until the end of the month and the constant financial worry was a huge strain.
At the time I thought that was life, that was how growing up worked. You leave your parents’ home and everything becomes a struggle. The burden of responsibilities and the need to self-teach as quickly as possible was overwhelming. Please understand, I am not blaming my parents at all. They did their best and they were extremely generous. They did not know better. They taught me the same about money management as their parents had taught them: nothing!
Now, many years later, I see that children generally still do not get taught about money, either at school or at home. We spend most of their childhood teaching them skills on how to get a profession and how to make money but we never teach them what to do with it once they have made it or how to keep or even grow it!
As a mother, I find that a scary concept. I want my son to be the best equipped possible when he leaves home. I want to be able to wave him off one day, probably sad that he is leaving, but also happy and confident that I have taught him the most important life skills…. One of which is money management!
If you are interested in this subject I can highly recommend a book called “Rich Dad Poor Dad” by Robert T. Kiyosaki. It is easy to read and explains very clearly why we need to learn and teach our children about money at an early age.
Luckily, our son is still young enough and we still have enough time to teach him about money!
What are you teaching your children that school does not teach them? We would love to hear about it. Email us at firstname.lastname@example.org
Sending You Much Love & Laughter
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