Research shows that parents are the most influential factors in their kids' money life development.  What you model to your kids growing up lays the foundation for how they think and treat money into adulthood.  So how do you model good financial decision making for your kids?  How do you even begin to talk with your kids about money?

Rebecca Maxcy is director of the UChicago Financial Education Initiative at the University of Chicago and leads a team of researchers who help parents talk with their kids about money.  Rebecca and her team have created a unique approach that focuses on the person, behaviors, and values of money vs. dollars and cents.

Rebecca's research has found that across the nation, financial education varies by state and school district.  This means most parents have to take the lead when it comes to their kids' financial education.

Financial education, similar to financial planning, never ends.  It evolves continuously, and as parents, we can have a significant influence in setting our kids up for financial success by being open and having money conversations.

Please enjoy my conversation with Rebecca Maxcy.

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