Fete Lifestyle Magazine May 2021 - Heroes Issue | Page 29

9) Involve them in big spending decisions.

Involve them in appropriate spending decisions, such as buying a new computer or a kitchen appliance. Making real life spending and saving decisions about even small amounts of money can help children to understand more about managing their money which is a key component to their financial lifestyle.

10) Show them the cost of running a home (This is a big one, especially during Covid!)

Look at utility bills together to explore the costs of running a home. Can they help to manage the household budget? See if they can find any savings that could be made. They will get a kick out of being in the family financial lifestyle mix with you on this one.

So, Lifestyle Heroes once again I commend you for steering your families through this past year. My late mother was my biggest Financial Lifestyle Hero…what she could do with a “dollar” was frankly in Warren Buffet’s league. I’m always excited and eager to share my expertise that could help you reach your short- and long-term financial goals.

For more tips and to schedule a consultation: Contact Richard Chew at 312-952-8040/Cell 312-243-3907/Office [email protected]

www.1stcig.com.