Ten financial things I would like to teach my children

1. Never, ever spend more than you make.
2. Always save 10% of your earnings - no matter how small or how big your income.
3. Invest in only what you understand.
4. Eat at home more often. It is not only healthy but also saves you a lot of money.
5. Always remember that shopping is an activity - not an entertainment.
6. Find out the price you will have to pay for anything that is being offered "free'. (Yes, nothing is really for free, so you are paying one way or the other).
7. Do not be fooled by the false advertising. Buying is always spending - not saving. If you buy something that you do not need or want, you are not saving anything on that item, no matter how deep the discount is. 

8. Happiness is always in simple things in life, not expensive things.
9. Be happy for your friends if they can afford something that you cannot. At least now you will have an opportunity to enjoy their possessions for a short while.
10. Remember that success can be measured at many levels, and financial success is just one of the ways. Know your strength and your successes.