How to Deal With Youngsters Who Are Terrible With Money


Bangalore: For many families, talking about money is taboo. You would have tried different ways and techniques to teach your kids the value of money. Right from the time when your kids were young you helped them understand the difference between needs and wants, that money comes from working, what money looks like. And when your kid enters his 20s you probably know your job isn't over yet. Because at this stage of life, when they are given the opportunity to make decisions for themselves they will do the exact opposite of what they have been taught and shown growing up just because they feel the need to figure things out for themselves rather than taking elders advice. Whether you're providing financial support or just giving advice from a distance, there are ways you can help them become more financially secure so they don't depend on you forever. Stop Lending Money
How to Deal With Your Children Who Are Terrible With Money
When your adult kid is running out of money who do they call first? Your sons and daughters may feel ambivalent about asking to support them and fund their needs. After all, they were accustomed to getting money from you right from their younger days. But put have to restrict yourself from doing so. It might be difficult to see your kid struggle. Until and unless you don't let them figure things out on their own your kid is never going to succeed and will never have a financially secure life.