{"id":193,"date":"2025-11-29T18:03:15","date_gmt":"2025-11-29T23:03:15","guid":{"rendered":"http:\/\/www.fcallc.biz\/blog\/?p=193"},"modified":"2024-12-23T18:09:49","modified_gmt":"2024-12-23T23:09:49","slug":"personal-finance-its-a-family-affair","status":"publish","type":"post","link":"https:\/\/www.fcallc.biz\/blog\/?p=193","title":{"rendered":"Personal Finance: It\u2019s a Family Affair."},"content":{"rendered":"

Experts agree that a family that budgets together stays together.\u00a0 Last month I had the opportunity to speak to a group of high school students during the Great American Teach In.\u00a0 My presentation was on personal finance for teens.\u00a0 Of course I asked them if they get involved with the family finances.\u00a0 Many said no.\u00a0 But a few said yes.\u00a0 Of those that said yes, they mentioned that being involved helps them to better understand their parents\u2019 finances.\u00a0 That of course is welcoming news to me.\u00a0 \u00a0The family finances do help children understand the importance of budgeting and prioritizing.\u00a0 Many parents choose not to share the financial picture with their kids. They fear that it is too much information.\u00a0 But I disagree.\u00a0 As a teenager growing up, I understood my mother\u2019s financial picture.\u00a0 She of course was a single parent.\u00a0 The understanding of her financial picture helped me make better decisions about spending money and I have a better appreciation for saving.<\/p>\n

So how do you get your kids involved?\u00a0 Listed below are some practical steps you can use.<\/p>\n