Further, teaching children about money is a reflection of family values and the family’s support system – essential elements for raising a financially sound child. Beyoncé and Jay-Z are showing us one way to be model parents in this area. Beyoncé and Jay-Z used art related to the African American experience, which is something they have probably discussed with their daughter. Creating Financial ResiliencyWhen children are learning about money and empowerment, it is important that they experience both success and failure. Ideally when children experience disappointing money decisions, they can pick themselves up, consider what went wrong and try for another financial goal.

Source: Forbes March 26, 2018 23:37 UTC