Aside from the usual parenting duties of keeping your kids happy, educated, and simply alive until adulthood, it is equally important to teach them other useful life skills along the way. As I have written about before, one of these necessary skills is personal finance. While I do not expect them to be financial wizards by the time they hit high school (still plenty of years before that, thank God!), I have at least been trying to teach them the basics of spending, savings, and even some limited information about investing. This week’s lesson was about how to use their new debit cards. And yes, you read that right: I willingly taught my daughters how to spend money using plastic… what on Earth have I done?!?
