Sunday, October 18, 2015

Followup Questions for Parents to Ponder

As a followup to my post regarding parents teaching their children how to manage money and pay taxes, the following questions are for parents to ponder:
  • Do your children know how to fill out a tax return or what they need to do to comply with local tax laws?
  • Do they know how to use credit responsibly?
  • Can they budget their income and then live within their means?
  • Have they felt the pleasure that comes from acquiring an item that they bought with money they earned?
  • Have they experienced the even greater pleasure that comes from giving of their time and resources to help others
Without a doubt, teaching children financial responsibility takes time and considerable effort. But the rewards are well worth it.

Copyright © 2015 by Mark R. Toney. All rights reserved.

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