The Single Mom Money Tips series continues with ways to involve your kids and teach them about money:
1. Involve your kids in creating and maintaining a budget. Because the older they get the more money they will want.
2. Kids should know how the money is spent so that they can be more sensitive to money limitations.
3. When kids know approximately how much money is coming in and how much has to go out to maintain a life they will be more sensitive to your role as provider.
4. Knowledge about financial obligations might encourage kids to find ways to earn money on their own.
Samantha A. Gregory is an author, consultant, and speaker. She’s a single-mom lifestyle, money, and parenting expert featured in The Washington Post, The New York Times, Essence Magazine, HuffPost, ABC News, and Mint.com.
Samantha founded the award-winning RichSingleMomma.com™, the first online magazine featuring personal finance, parenting, and personal development content and courses for single moms.
She aims to inspire women who are ready to thrive and not just survive in their single motherhood journey. Connect with her on Instagram @richsinglemomma.
