Develop independence and your kids learn too

Want to teach your kids how to manage money? Do you want them to share your desire to develop income independence?

In the post “Do As I Do” at Overcoming Real Estate Obstacles, Carol says, “You’ll never be financially secure working for someone else. Your job, as much as you love it, is always at risk for many different reasons. Therefore, you need to make your job a bit less important. The only way to do this is to start a business of your own. You can begin small, while you’re still working. That way, you will be prepared if your fired, laid off, or the company you work for shuts down.”

And she says that the way that our kids learn about financial realities is by setting a good example. If they watch us do it, they are far ahead of the pack. I encourage you to read this excellent article.

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