{"id":14013,"date":"2023-01-30T10:42:12","date_gmt":"2023-01-30T18:42:12","guid":{"rendered":"https:\/\/web.dusd.net\/lewis\/?p=14013"},"modified":"2023-01-14T10:43:01","modified_gmt":"2023-01-14T18:43:01","slug":"parent-resource-helping-kids-learn-healthy-financial-habits","status":"publish","type":"post","link":"https:\/\/web.dusd.net\/lewis\/2023\/01\/30\/parent-resource-helping-kids-learn-healthy-financial-habits\/","title":{"rendered":"Parent Resource: Helping Kids Learn Healthy Financial Habits"},"content":{"rendered":"\n

Many individuals enter into adulthood wishing that they had learned some basic skills necessary for life that would have better prepared them for the \u201creal world\u201d \u2014 particularly in terms of money management and financial responsibility. With the start of 2023 underway, this is the perfect time not only to resolve to be wiser with spending but also to set a positive example for younger generations.<\/p>\n\n\n\n

There are plenty of opportunities for parents to teach their children about money and it\u2019s beneficial to instill these values when they are young. Doing so will not only help develop an understanding early on, but it will also create positive habits that can last a lifetime.<\/p>\n\n\n\n

A study<\/a> conducted by T. Rowe Price indicated that almost 50 percent of parents miss opportunities to discuss money and finances with their kids, while approximately 25 percent expressed strong uncertainty in talking about financial topics with their children. However, these hesitations are not shared by roughly 50 percent of the children surveyed as it was found that they wish that their parents had provided more guidance and information regarding money.<\/p>\n\n\n\n

There are a variety of ways that parents can support their children in forming valuable financial habits before they begin to manage their own bank accounts.<\/p>\n\n\n\n