Dr. Michael GutterConsider that each time you use the credit card, or realize you don’t know how much you have available for bills, or decide something costs too much or is not needed – your kids are watching. Recent studies have increasingly documented the important influence parents have on the eventual financial behaviors of their children; this includes the good, the bad, and the ugly.By Carissa RogersConsider how we can set a good example.Try to explain why you use a card when you do. The basic difference between a debit and credit card so they understand when you are spending family money.When you are planning to pay the bills, even it if is online, explain what you are doing and how you keep track of them. You don’t need to in depth while your kids are young. However as your kids finish high school, consider that they should be learning their own organization system.Give them goals to save for. This can start small such as saving money so they can spend it at an upcoming family trip, or for something big that they want.As an aside, my son dropped many hints that he wanted an iPhone. I told him not only was the phone an expense, but also so is the addition to our family’s bill. I told him that would be an extra $120 per year. About six months later after some birthday, chore, good grades, and good effort money, he walked up to me with his wallet and said “lets go to the store.” For what” He opens his wallet, pulls out $270.“Here is for my bill” handing me $120 and the rest is for the store. I looked at him, incredulously, and said, “Let’s go”So remember if you teach them to save, they will understand it. If you teach them to be organized with their spending, they will see that. And if you teach them to spend, they will understand that too!This post was published on the Military Families Learning Network blog on April 14, 2015.