Motley Fool, at biz.yahoo.com, writes an excellent piece titled ‘Spill your Money Guts’. He talks about how we should talk about our financial matters more openly. The one really cool thing that struck me in the article was, to start talking about the financial guts of the family to kids, when they reach a certain age. I totally agree. Talk about saving, talk about budgeting, talk about ‘what it takes for papa to provide food and shelter for the family’. I think it is very important for junior to know all these at a young age.
Read the full article here.