185. Financial Literacy for Families with Scott Donnell

Teaching our kids about money is not only about helping them gain financial confidence and steward it well, but it's also about equipping them with valuable life skills. Kristen welcomes Scott Donnell, author of Value Creation Kid and creator of the app Gravy Stack to explore the concept of raising value-oriented children and introduce you to a unique approach to financial education that promises a brighter future for your family.   The foundation of financial literacy begins at home. Teaching our kids about good money skills is a fundamental responsibility of parenthood. It's about helping them understand the value of money, its purpose, and how to manage it wisely.    In today’s episode, Kristen and Scott dive deeper into: This approach goes beyond the conventional money lessons. It introduces three types of value: material value, emotional value, and spiritual value. These skills aren't just about money; they are life skills that prepare children to thrive in the world. The value creation mindset is the antidote to entitlement, instilling a strong work ethic and a sense of responsibility. A simple but effective three-system approach to financial education. Normalizing money conversations at home creates a healthy attitude toward finances. Children become more comfortable discussing money, making informed decisions, and understanding its role in their lives. Investing in your children's financial literacy isn't just about money, it's about their future and the future of your family. The return on your family's investment can be immeasurable. By breaking generational chains of financial instability and fostering responsible, compassionate individuals, you're creating a legacy that will benefit your family for generations to come   Take the Family Money Skills Class and get the support and guidance needed to financially thrive as a family. The program includes a self-paced course, fun activities, and an active live community for support. Get the GravyStack app for 30 days free when you take the Money Skills Class!   Find out more about the GravyStack app here.   Scott’s Book Value Creation Kid Listen to Smart Money Podcast Follow Scott at https://www.instagram.com/imscottdonnell/ Introducing the Social Selling Leadership School: A 12-week Advanced Leadership Certification program for Network Marketers. This program was designed to give you everything you need to be a confident and transformational coach for the people you serve and help your team get massive results. This is the ONLY Coaching Certification program built specifically for the social selling market. Find out more and join the waitlist here!.   Thanks for listening! Do you have a question about network marketing? Kristen can help! Drop your question here, and she just might answer it live on the podcast: https:/Kristenboss.com/question   Connect with Kristen: If you're ready to learn the simple process of running your social selling business online, you have to check out Kristen's live group coaching program! The Social Selling Academy: www.thesocialsellingacademy.com