I know I promised to move on but yesterdays blog post topic hit a chord with parents and parents to be ( Cherelli!!!), and I just had to do one more quick post on it.
After reading my post a bloggy friend sent me a couple of articles about the financial habits of kids and how young adults who get into debt really do have their parents to thank...( or not as the case may be).
Here are some of the links to the articles she sent (thanks Liz)
http://www.bizjournals.com/louisville/stories/2006/11/27/smallb5.html?page=all
http://www.sciencecodex.com/study_finds_parents_have_greatest_influence_on_students_financial_habits
Food for thought.
The way kids perceive their parents attitude to spending and money shapes their own financial behavior. It's not enough to tell your children to spend their money wisely you have to do it yourself .
Sheesh....no pressure or anything but your kids are watching.
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