Francine is easy-going and carefree. She prefers to go with the flow in all aspects of her life, rather than sitting and making plans. She gives any money she receives to her dad for safekeeping and mostly sticks to her own routines.
She doesn’t think about money much but rather on how the things money can buy make her feel. Does the ice cream cone she gets after handing the cashier her money make her happy? Then that’s what Francine is all about!
But not thinking about her money often makes Francine forget how much she has and how much she needs to be able to buy things. To help keep her on track, Francine’s dad is going to teach her how money works and what she can do with it. This way, Francine can still do what makes her happy but have a backup plan too.
Help grow your child’s financial brain
- 1Sit down with your child and talk to them about their wants and needs. Explain that needs are the priority and their wants can be saved for!
- 2Give your kids an allowance. It will help them grasp how to save, spend, and share their money.
- 3Allow them freedom with their money, but do give them some tips. We want to let them have their own money personality and not feel bad about it, but learning aspects of other types will help later on in life.
DISCOVER YOUR CHILDS MONEY PERSONALITY
Click their age group to be taken to the Kids Assessment!
JOIN A COMMUNITY OF LIKE-MINDED PEOPLE!
Ask questions, get resources, and connect with other parents. Click here to join!