No matter whether we are living cross culturally or in our home culture, we have the responsibility to teach our children about money. Bonnie Nusbaum, a friend of mine, recently wrote how she and her husband taught their two sons financial responsibility. Although they were not living cross culturally, the principles she shared would work anywhere.
We didn’t have a formal plan with a workbook. Most of the training that we gave to our two sons came through role modeling and casual conversation at opportune moments. To quote Dr. James Dobson, “. . . values are caught, not taught.”