If you're going to give a kid $20

(Anyone else really feeling the urge to buy all the things? I wonder if it’s a combination of the season with boredom and cabin fever. I’m going to have to write about it.)

Let’s talk about money and kids. You may have kids or you’re like me and have kids in your life whether they’re nieces, nephews, godkids, your BFF’s kids, grandkids or generally kids in your life. At some point (like, now) we’re going to have to talk to them about money or at least mirror good money habits. 

So why am I focusing on this topic right now? Mostly because I’m holiday shopping for the kids in my life so it’s top of mind, I get asked this question, it’s Financial Awareness Month, and, well, because I want to talk about it. 

Let’s acknowledge that for some of us, talking about money is hard. We’ve either never talked about it so don’t know how to or it was a taboo subject in your family. I maintain that talking about money can be healthy and can help set up good habits not just for kids but for adults as well. I talked to Nancie Taylor, a senior wealth advisor at Meridian who specializes in working with families about how to talk to kids at any age about money.