Talking Money at Dinner Time
March 31, 2009
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CNN has a story where they profile two multi-generation families. The story contrasts the different views each generation has about money and makes two good points about budgets and financial education.
The recession has “made everyone realize you have to live on a budget all the time, even when times are good,”
…children should be involved in financial planning from an early age. At about age 8, they should be able to understand if the family is under financial stress, so it’s best to see what they can contribute.
The artile also mentions frugality, but remember, Frugality is not Budgeting.
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Adam Goodman is the author of Following The Goods Financial Management for the Young and Ambitious. Throughout his life, Adam never took ownership of his financial knowledge and no one ever sat down with him to explain what it meant to plan for his financial future. Luckily, while at business school, Adam finally learned how to be smart about financial management and he is here to share what he has learned along his journey with you.
Adam's past experience includes owning and operating his own consulting firm, as well as working as a Consultant with Deloitte & Touche. Adam is currently in a sales and marketing role in the telecom industry.
