The New Financial Realities: Personal Statement by Eleanor Blayney, CFP(R) Consumer Advocate for the Certified Financial Planner Board of Standards (CFP Board):
-- Start talking honestly and regularly about money. Bring the topic out in the open and to the dinner table. Too often, we avoid the subject as inappropriate, uninteresting, or too complicated for kids. -- Share with your kids the financial decisions you are making, the hard choices you may be facing, and tell them what you are doing about your job, your bills, your savings. -- Impress on your children that money entails choices and trade-offs. Kids think unilaterally, which usually means they see money as having one purpose: namely, spending. Help them understand that it can be used for saving and giving as well, and encourage them to allocate the money they receive into these different uses. -- To raise a financially literate child, become a financially literate adult.As the Consumer Advocate for CFP Board, I want to encourage you to learn from the lessons of the recent financial crisis, and to share these lessons with your children. Equip them to face their financial futures with confidence, capability, and appreciation for the examples set by their parents. To view the new financial realities series, please visit http://www.cfp.net/learn/advocate.asp Eleanor on Twitter: http://twitter.com/EleanorBlayney Eleanor on FiLife: http://www.filife.com/user/eleanorblayney Eleanor on LifeTuner: http://www.lifetuner.org/users/eleanorblayney About CFP Board: The mission of Certified Financial Planner Board of Standards, Inc. is to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for personal financial planning. The Board of Directors, in furthering CFP Board's mission, acts on behalf of the public, CFP® certificants and other stakeholders. CFP Board owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements. CFP Board currently authorizes more than 60,000 individuals to use these marks in the United States. For more about CFP Board, visit www.CFP.net.
Contact Information: CONTACT: Chris Wloszczyna Director of Public Relations CFP Board P: 202-379-2252 E: cwloszczyna@CFPBoard.org Stacy Dimakakos Grayling P: 646-284-9417 E: email@example.com