Assessing Basic Money and Wealth Management Skills Family education…

Assessing Basic Money and Wealth Management Skills Family education programs often teach young people core money management skills. These skills are important to all young people, but because these young people are expected to become stewards of family wealth, the family teaches these skills to the family together. These skills include how to: Feel comfortable with wealth. Talk about wealth in personal relationships. Manage personal wealth. Work with advisors. Save. Keep track of money. Get paid what you are worth. Spend wisely. Live on a budget. Invest. Handle credit. Use money to change the world. Each young family member can respond to this list by checking the skills they have learned and those they want further help to learn. This can be done together as a family and the results used to develop family education programs and offer coaching to individuals.

— from Expanding Your Range (Growth/Change/Education/Learning/Habit)

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