What you are going to teach kids about money now will play a huge role in their future and how they continue to think about money even as adults. As adults the things that they are learning from you will be remembered and will shape their opinions with money. This means that is far more important that you think about what you are going to say prior to saying it.
There are some things that you can do in order to make sure that you have a positive effect on your kids thoughts about money. You will need to know and consider that there are many different ways that children learn and each of these can be affected by you. The three main ways are through verbal programming, modeling behaviors, and major incidents.
Verbal programming is basically just talking to your kids. This is how you ask them about what they know about money and what they have previously heard. It also includes learning about what they think and why they think that way which can help direct your conversations.
Modeling behaviors is basically watching the way that you act over money. If you constantly make a big deal out of money, about how much things cost, and what you are spending then your kids are going to exhibit these behaviors too. This means that how you are acting each day is really vital to teaching your kids the right things about money.
Major incidents are the final thing that can really shape your kids reality when it comes to financial issues and matters. This is basically what your kids are exposed to. If they see successful people who are smart with money they are going to learn these behaviors as well.
There are many things that can help you when it comes to what you teach kids about money.