Avoid this statement if you want your kids to be fine with money

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Before you understand how your kids work for money, you can start to get your finances and feelings to your finances, and it can have a sustainable impact. But to avoid Talking about money with your kids In general, it can further damage future financial success.

“Deep low, most people believe that money is something bad that children (this) need to protect” Ramite SethiThe author of a self-made millionaire and new book “Money for couples“She tells CNBC.

“You protect the children from bicycling. You protect the children from testing a tomato. Why do you protect from anything more important than both of these examples?” Says.

When you talk about money with your children, there is a “terrible expression” that says “ban” from households: “We do not allow it,” he said. Here is it.

‘No it’s not a good thing’

Many of the individuals reminded Seshi’s warning of “We cannot afford” from their parents when they grow up the “money for couples”.

“And they really believed,” Sethi says. “Thus, when they do a good job and make good money after 30 years, they still feel scarcity around the money.”

There is nothing to do with money positive relationship In fact, how much money do you haveSethi says. Although they can teach your children this expression, they can technically gain themselves, fearing any money to the line.

Instead of saying that you can’t give anything, SESHI offers to offer the necessary standards and echo of culture to explain your decision. “In our family, you choose to spend money on healthy food instead of fat and popcorn.”

Alternatively, “Everything should not be a mass explanation.” A child in the store can not like a child, but you will not be able to understand the seeds for your children and not spend everything you want to lose money to anything to do not spend anything you need to do not spend anything you need to spend anything you need to do.

“No, it’s not a good thing,” he says. “I love to say no and sometimes you don’t have to say anything.”

Help your kids deal with money

In addition to talking about the money, Seshi families encourage their children to engage their financial tasks so that they can build a positive foundation for their relationship with money.

Allows you to track the bills or even clicking the “Payment” button. Try not to hit a loud noise how high the electric bill is or how expensive your rent is. Instead, let your children know the roofs and videos of this money to give the roof and electricity supply to play.

“Like teenagers, they help to help plan a family trip or buy a family car,” Sethi says. “This is how they start learning about taxes and trade-offs. How to make them a success in the real world.”