Parents want the best for their kids. You want to teach them how to be successful and a large part of their success involves financial literacy. You know by now that I am a huge fan of talking about money.
Talk to your partner. Talk to your kids. Talk to your parents.
This article I wrote for Richmond Family Magazine is a primer on stocks and bonds. It's useful for parents and kids. Let me know what you think. What money topics do you want me to tackle in a kid-friendly way? How did the conversation go at your house?
We want our kids to be financially literate, but it can be hard when adults can’t quite find the right words to explain some financial topics. Let’s face it, the industry is somewhat known for its abbreviations (IRA, HSA, TUWs) and references to obscure IRS tax code (401(k), 403(b), etc.). That’s why I’m sharing some…