However there is one skill that every child must understand if they want to become a financially healthy and independent adult. But really, this skill is an absolute necessity across the board when raising your child. .
You know the saying: “You can lead a horse to water, but you can’t make him drink”. We can teach our kids all about finance, nutrition, safety, kindness and health – but ultimately, it’s going to be up to them to decide what to do with all of this information. Which is why having good decision making skills is critical.
Right or wrong, your child is already an experienced decision maker. Decision making is a skill your child uses all day long. Many of their decisions are small and set on autopilot, like deciding to put their shoes on in the morning. Others are larger decisions and may require some thought, like which friend to play with at recess.
Decisions kids face usually don’t have life-long consequences, or if they are important their parents are there to help them make the right choice.