Not Your Average Financial Podcast™

Episode 101: 4 Tips for Teaching Your Kids About Money

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In this episode, we ask:

  • How might we teach our kids about money?
  • How many adults received financial education from their parents?
  • What was Holly’s experience in childhood?
  • What was Mark’s early experience with money?
  • Why are parents overly secretive about money?
  • What was the public school system designed to do?
  • How might you break the cycle?
  • What are four ways to bring up money with kids?
  • What lessons can kids learn in addition to how to handle money?
  • How might you tell your kids about money early and often?
  • How can you work with older kids?
  • What about having a money conversation with your kids?
  • How might your kids earn base pay plus commission? 
  • What about sharing your balance sheet with your kids?
  • How early can kids earn money?
  • What is expected?
  • What are bonuses?
  • How might you include your kids in your business?
  • Are you raising an employee or a business owner?
  • Are you a business owner? How can you share this with your children?
  • How can you teach your children to help other people?
  • How might helping other people provide value?
  • How might the kids chip in for purchases?
  • How might you involve the kids in certain investments?
  • How might you teach your kids about assets?
  • How might you involve your kids in financial projects?
  • How might you get the kids engaged in respecting cash flow?
  • Do your kids have a budget or plan?
  • How might you teach about saving?
  • How might you teach about giving?
  • How might you teach about spending?
  • Do your kids have pen pals?
  • Do you say, “We can’t afford this…” ?
  • How about teaching kids to ask the question: “How might we afford this?”

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