Monthly Financial Coaching’s Post

Teaching children about money starts within your home. Talking about money regularly and openly can help kids learn the basics about handling budgets and financial challenges.

Teaching children about money starts within your home. Talking about money regularly and openly can help kids learn the basics about handling budgets and financial challenges.

Teaching children about money starts within your home. Talking about money regularly and openly can help kids learn the basics about handling budgets and financial challenges.

Back to School Month is the perfect time to teach kids about money! Start early with lessons on budgeting, saving, and smart spending to set them up for a bright financial future. #BackToSchool #FinancialEducation #KidsAndMoney

Teaching children about money starts within your home. Talking about money regularly and openly can help kids learn the basics about handling budgets and financial challenges.

Do you have college-bound children? You'd be surprised by how many financial advisors reach out to CFS because they have college-bound children and don't know what to do to achieve a best outcome for their child and their finances. My colleague Andy Hickman is hosing a webinar tomorrow that my be of interest to you! Even if you don't have a child going to college, this is some of the best Continuing Ed you can get, from a legit expert. You'll know way more than your competition after one webinar! Here are the details:

Teaching kids about money early is key to helping them grow into financially responsible adults. In this video, we cover simple, fun ways to introduce budgeting, saving, and the value of money, making financial education an exciting part of their lives. Give your kids the gift of financial confidence—it's never too early to start! Watch here -

When faced with a situation where a child desires something but the parent cannot afford it, the response depends on the child's age and the groundwork laid in understanding financial limitations. Starting with honesty, parents can acknowledge the child's desire while explaining budget constraints and the need to prioritize spending. For younger children, suggesting the item be added to a wish list can show understanding while providing potential ideas for future gifts. This approach fosters communication and encourages the child's understanding of financial responsibility. Read more here: https://lnkd.in/eTdfnYgA

Teachers! Are you taking advantage of the Educator Expense Deduction? This can allow you to deduct hundreds of dollars from your taxes.If you are a teacher, instructor, counselor, principal, or aide for grades K-12, you are eligible to deduct up to $300 ($600 if married and both you and your spouse are eligible educators) of unreimbursed business expenses, such as books, supplies, and other equipment that you use in your classroom. Make sure you talk to your accountant about taking advantage of this deduction!

Teach kids smart money habits early! 💰 Set up savings accounts, encourage them to save part of their allowance, and involve them in budgeting basics. How do you teach kids about money? #MoneySkills #FinancialEducation