If you’ve been around awhile, you know that my focus on National Bank of Mom is 1) teaching my son kick-ass money management skills and 2) fostering good communication between us.
I teach him how to balance his savings, spending and giving accounts, how to plan for a large purchase and how to save at least 10% of his income.
The more I thought about it, though, the more I realized that talk will only get me so far.
If I want to instill these skills in my son, I have to make sure I’m walking the talk. I have to look at my own actions and behavior and ask myself, “Is what I’m doing contradicting what I’m saying?”
Ralph Waldo Emerson said:
“What you do speaks so loud that I cannot hear what you say.”
That couldn’t be more true. So much of what we learn is unspoken. We pick things up from our friends, family and society around us — what’s “normal” and expected. How life works.
To that end, ask yourself the following questions and examine your behavior: