#27: Sometimes, you have to help loved ones learn a new skill, or else it actually becomes YOUR problem.

Teaching your kiddos about money is one of those skills.

You don’t want them to be clueless once they’re young adults and blow all their money…or make bad decisions and fall into debt.

If they fail at money, it becomes YOUR problem…just as you’re starting to enjoy more free time as an empty nester.

But the financial learning curve is long, so it’s important to start when they’re young and reinforce lessons consistently over the years.

That’s why in this week’s podcast, I share 9 crucial money lessons your kids must learn to succeed as adults.

Here’s what you’ll learn:

• The surprisingly young age when kids’ money mindsets/habits start to crystallize
• 9 crucial lessons to teach your kiddos from infant→toddler→tween→teen→young adult
• Tips for helping parents to actually make their kid internalize important money lessons
• Why giving kids decision-making control over their own budget early on will help them rapidly develop good financial judgment
• Why the most important lesson of all is to teach them how to find contentment in what they have, and how to know their self-worth is in who they are, not what they buy

What money lessons do YOU feel are most important to teach your kids? Let me know by leaving a comment when you’re done.

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Links mentioned in this episode:

• How to motivate your kid to win the national spelling bee (and excel in life)
• How to make sure the cost of college doesn’t ruin your kid’s future
• The best parenting guidance I’ve learned for raising successful children
• Why child care is so damn challenging (and what to do about it)
• Hey, rich people. Wealth management includes telling your kids how rich you are.
• HYW private Facebook community

Intro/Outro: Old Bossa by Twin Musicom.