The New Year is here! Join us for a special episode from our archives with Rachel Cruze that is perfect for this time of year. And be sure to stick around for a sneak peak into recording this episode and commentary from Ellie and Bethany.

Rachel Cruze joins the show discussing New Year’s Resolutions and some great ways to be practical about goals and goal setting. They discuss ways people can go about developing better habits, and teaching those habits to their kids as well.

Rachel shares how “more is caught than bought” when it comes to teaching kids money. She also says it is important to have tangible, “quick wins” when it comes to anyone’s money journey. Ellie talks a little bit about how she wouldn’t let her kids borrow on their allowance because it would create bad work habits, and Rachel shares her views on allowances.

Finally, Rachel talks about how to teach kids to have ‘skin in the game’ by having their kids earn their own money. Bethany tells a story about when she was a little girl and earned half of an American Girl doll and what it meant to her.

For more information, visit the show notes at https://themoneymillhouse.com/preparing-for-a-new-year-3