When life gives you lemons you can make OJ

by Lisa McCarthy

DecisionsOften when people think about teaching their children about money they think it is about money, saving and investing. But really it is about responsibility and freedom.

Most of you are probably saying, “I get the responsibility part but the freedom part not so sure where you are coming from?” At least for my child I do!

I want my daughter to be able to have the freedom to make choices based on what she really wants rather than choices based in fear.

Still not following me? Well, let me explain.

Over the past few weeks, several people I know have lost their jobs due to downsizing and mergers. Once getting past the pit in their stomach over the change most have found a new sense of freedom. That is because most of my peers are pretty money smart and have planned and saved for this day.

And now, because they don’t have to rush into something, they can figure out what career path to follow or what new job to take. They are making decisions on their terms rather than out of the fear on how to pay their mortgage or put food on the table. Great place to be isn’t it?

So, being money smart, yes, it is about being financially responsible, but it is also about giving you the freedom in so many other ways. What parent wouldn’t want that for their child?

I am so thankful that I am raising my child to value money, learn to save, and be responsible. Because in the future when life gives her lemons she won’t have to just make lemonade, she will have the choice to make orange juice, grapefruit juice or whatever her heart desires.

Lisa McCarthyLisa Laughton McCarthy is a mom with a passion! As the founder of MoneySmartKidz and author of "The Money Tree," Lisa, takes delight in finding fun creative ways to help show young children the value of financial independence!

Her first book "The Money Tree," with its eye-catching illustrations, is the answer to every parent who wants to give their child a head start on the road to financial independence.

Join Lisa and the MoneySmartKidz movement on Facebook and Twitter.

Photo of little girl courtesy of iStockphoto.