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Plan Wisely: How to Deny Your Kid To Better Their Financial Future
In this throwback episode from "Plan Wisely with Erik Garcia", Erik and Jag are joined by licensed family therapist Roy Salgado to discuss how we can teach our kids healthy financial habits.
There are 4 common responses to kids when they want you to buy something:
No. We do not have money for that.
No. You don’t need that.
Maybe you can ask for it for your birthday/Christmas.
How about you start saving your money and you can buy it when you have enough.
We break down each of these responses and the healthy traits they coincide with.
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By Erik Garcia, CFP®, Xavier Angel
5
88 ratings
In this throwback episode from "Plan Wisely with Erik Garcia", Erik and Jag are joined by licensed family therapist Roy Salgado to discuss how we can teach our kids healthy financial habits.
There are 4 common responses to kids when they want you to buy something:
No. We do not have money for that.
No. You don’t need that.
Maybe you can ask for it for your birthday/Christmas.
How about you start saving your money and you can buy it when you have enough.
We break down each of these responses and the healthy traits they coincide with.
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