Money problems create one of the greatest stresses in family and marriage, and by working through those stressful times can also create a wholesome household for your entire family.
Whether we are married or just starting out in life we need to make a decision to never to carry balances due on our credit cards.
My message here is to encourage you to know that there is a better way to have peace of mind financially.
The cost to our children and our society is getting completely out of control and we need to take a NEW direction to build wealth little baby steps at a time and to take action NOW.
It is time for parents, guardians and other interested adults to start teaching how children can save money for special events and items that we don't ordinarily have the money for and not to rely on being a slave to a credit card.
So by educating our children by showing them how to plan on paper writing down sensible goals for ourselves that they can live a happy and healthy financial life.
I share my own story because I don't want parents to "do what I did.
" I want you to learn from my mistakes.
And yes, I am saying "do what I say, not what I did.
" I truly felt I was teaching my children about money, but it wasn't good enough! It wasn't consistent enough.
As a result, my children have learned the hard way - by getting into debt and having to work hard to not only get out of it, but also to start to repair their credit history.
There were many times in our lives where money was very tight for our family and we were totally stressed out about money.
And then there were our children, who have gotten deeply into debt and had to "work" their way out.
Give your children the tools to become independent, the tools to make mistakes-and most importantly, to learn from them.
Give them those tools while you are still around to be their mentor and support system.
When I graduated from high school I had $4,500 in the bank because of the paper route that I held onto for 11 years of my childhood.
Today many young people graduated from college that much in debt, if not more.
They start their adult lives already in the hole financially.
We can teach our young people how to break the negative cycles and get each one of our children on the right path to financial freedom.
We can take changing the mind-set of each child the excitement of saving money and why we need to plan in advance.
We have a program that works on not only improving overall credit scores but explains how we truly think about using our credit and resources so we never find ourselves in this financial debt again.
You can truly make a difference in your child's or grandchild's life.