Kids & Money with the Happy Saver

In this special Kids & Money summer series hosted by Sharesies co-founder Brooke Roberts, we tackle the often hard subject of ‘how to talk to your kids about money’. These conversations cover a range of topics from ways to keep kids (of various ages) interested, to lessons about investing that they can draw on throughout their life. Ultimately, we believe encouraging good habits with money from a young age will help create positive change in our community.

In the first episode, Ruth Henderson, AKA The Happy Saver, shares some of the lessons from her own family. She gets into the detail about pocket money. Explains what sinking funds are, and why it’s important to be honest when it comes to your own finances.

01:40 Introduction and personal journey into investing

05:00 The simple path to wealth - JL Collins

06:34 Teaching financial literacy to the next generation

09:50 Practical money lessons for kids 12:30 Teaching a teenager about investing

17:46 The impact of consistent investing

19:40 Giving ownership and trusting Your child with money

20:49 Saving and freparing for future expenses

23:30 Sinking fund definition

26:11 Pocket money questions

29:00 Recommended games for financial education

30:12 Reading materials

33:50 Conclusion

For more or to watch on youtube—check out http://linktr.ee/sharedlunch

Brought to you by Sharesies, with BusinessDesk.

Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not financial advice. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Investing involves risk. You might lose the money you start with. Content is current at the time. See omnystudio.com/listener for privacy information.