Parents, loving your adult children doesn't mean you have to keep paying their bills.
One of the most important things you can teach your children is how to take financial responsibility for themselves.
Health insurance is a perfect example. Yes, you can keep your adult children on your health insurance until they're 26. But if they're working and have access to benefits through their employer, it's time to sit down together and compare their options.
If their employer's plan offers comparable coverage at a reasonable cost, it may be time for them to take on that responsibility.
And if you can afford to help them make the transition, I have no problem with that. But don't continue paying out of guilt or habit.
Remember, your job as a parent isn't to carry your children financially forever. It's to help them become strong enough to stand on their own.
#financialindependence #financialliteracy #moneyandfamily #parentingadultchildren #financialresponsibility #moneymindset #personalfinance #financialwellness #suzeorman
One of the most important things you can teach your children is how to take financial responsibility for themselves.
Health insurance is a perfect example. Yes, you can keep your adult children on your health insurance until they're 26. But if they're working and have access to benefits through their employer, it's time to sit down together and compare their options.
If their employer's plan offers comparable coverage at a reasonable cost, it may be time for them to take on that responsibility.
And if you can afford to help them make the transition, I have no problem with that. But don't continue paying out of guilt or habit.
Remember, your job as a parent isn't to carry your children financially forever. It's to help them become strong enough to stand on their own.
#financialindependence #financialliteracy #moneyandfamily #parentingadultchildren #financialresponsibility #moneymindset #personalfinance #financialwellness #suzeorman
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There are so many financial decisions we expect young adults to make almost immediately: get a job, open a bank account, use credit, take out a loan, choose benefits, pay taxes, and maybe even start investing.
But knowing how to earn money and knowing how to manage it are two completely different skills.
I wish we spent more time teaching what these things actually mean BEFORE someone has to make decisions with real financial consequences.
And if you’re reading this at 28, 38, or 58 and realizing nobody taught you some of these things either, that’s exactly why I think these conversations matter.
Financial literacy isn’t knowing everything about money. It’s understanding enough to ask better questions and make more informed decisions.
#financialliteracy #personalfinance #thebudgetmom #moneytips #financialeducation
But knowing how to earn money and knowing how to manage it are two completely different skills.
I wish we spent more time teaching what these things actually mean BEFORE someone has to make decisions with real financial consequences.
And if you’re reading this at 28, 38, or 58 and realizing nobody taught you some of these things either, that’s exactly why I think these conversations matter.
Financial literacy isn’t knowing everything about money. It’s understanding enough to ask better questions and make more informed decisions.
#financialliteracy #personalfinance #thebudgetmom #moneytips #financialeducation
1.2K
Get in ladies, we’re building wealth! 💅💸
👉 Comment ‘GUIDE’ for my Free Rich Woman Starter Guide full of my favorite resources to get you started and free investing masterclass
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Most people out off learning about money, not you though!
If you want your finances to be in a better spot by the end of the year we need to chat 💬
👉 DM me INVEST for 1:1 coaching
#personalfinance #financialliteracy
👉 Comment ‘GUIDE’ for my Free Rich Woman Starter Guide full of my favorite resources to get you started and free investing masterclass
👉 follow @femmefinancialcoaching
Most people out off learning about money, not you though!
If you want your finances to be in a better spot by the end of the year we need to chat 💬
👉 DM me INVEST for 1:1 coaching
#personalfinance #financialliteracy
140
Comment GUIDE for my Free Rich Woman Starter Guide full of resources to get you started! 💸
👉 save this post
👉 follow @femmefinancialcoaching for all things personal finance & investing
If you’re new to investing or money is tight, start with what you can!! Every dollar counts!
But if you know you can be doing more, these are the numbers I would be aiming for.
Need more hands-on support?
👉 DM me INVEST for 1:1 coaching 👩🏻💻
#personalfinance #financialliteracy #femalemoneycoach
👉 save this post
👉 follow @femmefinancialcoaching for all things personal finance & investing
If you’re new to investing or money is tight, start with what you can!! Every dollar counts!
But if you know you can be doing more, these are the numbers I would be aiming for.
Need more hands-on support?
👉 DM me INVEST for 1:1 coaching 👩🏻💻
#personalfinance #financialliteracy #femalemoneycoach
173
Are you cash heavy or keeping all your cash in the bank? 💰
👉 Follow @femmefinancialcoaching
👉 Save & share this post
One of the biggest problems I see is people keeping too much of their money in cash at their traditional bank, we need to get that money working for you!
Need support making your money work for you? 👇
Comment ‘GUIDE’ for my free money guide full of exercises to get you started
Or want to work with me directly?
👉 DM me ‘INVEST’ and let’s chat!
#personalfinance #financialliteracy #womenthatinvest
👉 Follow @femmefinancialcoaching
👉 Save & share this post
One of the biggest problems I see is people keeping too much of their money in cash at their traditional bank, we need to get that money working for you!
Need support making your money work for you? 👇
Comment ‘GUIDE’ for my free money guide full of exercises to get you started
Or want to work with me directly?
👉 DM me ‘INVEST’ and let’s chat!
#personalfinance #financialliteracy #womenthatinvest
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