These truths should cause parents to take it upon themselves to explain to the kids these modern day innovations.
First, our children should understand that checks, credit cards and ATMs are not instant sources of money. Instead, teach them that accesses such as those noted above are dispensed of responsibly.
Second, we should accompany our children when we deposit fund to our checking and ATM accounts, or pay our monthly credit card bills. With the right explanation, our children would understand that the use of checks, credit cards and ATMs are just temporary relief for immediate cash requirements.
Lastly, let us responsibly teach our children the value of hard-earned money. At an early age, they should understand that money is just a means to an end and not an end in itself.