As we continue our series, Financial Literacy for Kids, we focus on two challenging topics: financial goal setting and spending habits. These two money management skills play off of each other. Learning to set financial goals will help with what you need or want to buy.
Financial Goal Setting for Kids
Write It Down
“A goal not written down is only a wish!” This is true! The best way to get something done is to write it down. In the story, “Goob and the Bug-Collecting Kit”, Goob had a plan and he wrote it down. As he earned his money, he had planned ahead and was able to purchase everything he set out to buy. He even had enough leftover to share with his friend.
Teaching kids about goal setting and seeing them reach their goals, not only makes parents proud, think of the confidence you are instilling in your child when they achieve that goal! [Read more…]This post may contain affiliate links, please review my disclosure policy .