You have a lot of goals for your kids. You want them to follow their passions — without compromising their financial stability. You want them to find community and be good people. Most likely, going into debt is not among those goals. You would hate for your children to experience the anxiety and upheaval that comes with debt — especially high-interest debt.
So, it’s time to start talking about money with your kids. Even if they’re very young, the lessons you teach them about money can stick with them well into the future, empowering them to make smart decisions and stay debt-free. To help determine which money lessons parents should teach ASAP, GOBankingRates spoke with Angie Welsh, founder and president of My Annuity Agents.
