Good Financial Advice Ages Well as the Years Go By

Sage words from parents resonate down through the generations

Griffin recalls more parental money treasures:

Other experts from Experian, a consumer credit reporting company, agreed that it’s important for parents to discuss finances with their children early and often: “You don’t have to be perfect with money to teach your kids. In fact, mistakes can often be turned into a teachable moment.”

As Griffin states, parents should talk to their kids about money relevant to their age and interest.

“Very young, maybe save for ice cream,” he said. “Older, there are the costs for a car or college. The key word is ‘talk.’ Don’t yell or fight. Have a conversation. The most important things you communicate might be said silently. What you do says a lot. Kids learn by watching you.”

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