To be successful in life, our children must learn financial responsibility or run the risk of having them move back into their old bedroom after college…you know, the room that’s now your den. It’s our job to teach them the following rules:

• Goals: Saving without a tangible goal in mind is no fun and kids won’t play along for very long. Posting a picture of what they’re saving for near the piggy bank is a great motivator to keep saving.
• Pay Yourself First: Teach your children to save a portion of every dollar. Just because they get fifty dollars for their birthday doesn’t mean they have to spend it all.
• Allowance: Pay allowance in cash and let them manage the money. The skills learned in managing their allowance will later help them to budget.
• Good Role Models: Your child can model your money behavior even before being able to pour their own cereal, so use cash instead of credit cards whenever possible, pay bills on time, include them on making family purchases and take them with you to make savings deposits.

Folsom Luxury Homes and Land Specialist

Our motto is to always “Do the Right Thing”, starting with providing premier executive real estate service to buyers and sellers of Folsom, Granite Bay, and El Dorado Hills luxury homes and land.

For more information from California Home Network visit Patrick Warholic, The Home Marketing Specialist, and for free, no registration required, MLS home and property searches with amazing home search results at your fingertips, along with its ease of use, no registration required advanced home search features that will simply amaze you. You can even perform a home search by using the new Google Map home search feature, with advanced community search parameters, and even do an advanced home search for energy saving features too. Maybe you are searching for a new home investment property or a great deal on a second home. Well, now you can find great real estate deals with REO bank owned properties and short sale homes listed in the MLS directory. This real estate information is right at your fingertips, and once again, no registration is required.

California Home Network also provides free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

Learn how how you can be mortgage free in 8 to 11 years without re-financing. Ask for your free House Payment Free analysis.

Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.