#7 of 10 things NOT to say to your kids about $$$: “We’ll get that or do that when we win the lottery.”
Since the chance of winning the lottery are one in 12 million, you have a better chance of being struck by lightning (1 in 1.9 million). So what you should say is…”Let’s make a list of what we need and want and start to save and invest towards those goals.” Much better chances!
Click here for #1 of 10, #2 of 10, #3 of 10 ,#4 of 10, #5 of 10 and #6 of 10.
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Susan Beacham founded Money Savvy Generation in 1999 after almost two decades in private banking and investment management complemented by considerable time teaching at the elementary level.
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