Real-Life Personal Finance

Hey, homeschoolers! I am happy with the personal finance curriculum I used with my kids. And I'm pleased to say that my kids are much better at managing their money as young adults than I was! But when I heard about Charla McKinley's real-life approach to teaching kids personal finance, I was intrigued.

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Personal Finance Guest: Charla McKinley

Charla graduated from the University of Texas with a degree in Finance. She went on to become a Certified Public Accountant with over 25 years working in both the corporate and private sectors. While homeschooling her two children, Charla was inspired to write an interactive personal finance curriculum that opens the student's eyes to the high costs of being an adult. After retiring from homeschooling, Charla continues to teach teens living in Raleigh, NC, and across the country using her Beyond Personal Finance curriculum. Charla’s passion is teaching teens that their choices matter. She is a firm believer that in order to prepare teens for the road ahead they must be given the opportunity to practice making good (and not so good) choices using real dollars before they get out into the world and have real regrets.

I think you will enjoy our conversation and will want to check out Beyond Personal Finance. 

Takeaways from the Podcast

Teaching personal finance to teens is important to prepare them for real-life financial decisions. Giving teens real-life financial experiences, such as managing an allowance, can help them learn financial responsibility. Parents should allow their teens to make financial mistakes and learn from them. Beyond Personal Finance provides budgeting suggestions and resources for teaching kids about money management. The website offers self-paced and group options for parents to learn and discuss financial topics.