Dear Reader,
Did you know that writing a simple “money” letter to your children will have more of an impact on their spending habits than just telling them your thoughts and feelings about money?
This week, why not think back to your biggest money successes and failures (these are often most helpful), put pen to paper and send your child a note that can have a deep and lasting effect on their lives? If you’re lucky, they’ll listen to your advice and you might even find yourself featured in a book, like Gail Shearer did when her daughter Kimberly wrote the book, Smart Mom, Rich Mom, based on the money letter she received from her mother.
Need advice on just what to say? Check out this article from the New York Times, The Money Letter That Every Parent Should Write.