Mastering Money

S8 E05: Preparing the next generation


Listen Later

Where are your kids learning about money? In a changing financial landscape, how do we help our children manage their money in a world where cash is no longer king?  

We discuss how parents can manage these obstacles and pass good financial sense onto the next generation. 

In this episode, Hector Crespo, CEO at Mydoh, discusses the importance of financial conversations with kids and how they can help build a solid foundation for their future. Discover effective ways to teach kids about money management, saving, and the value of responsible financial decision-making. 

Key takeaways: 

  • Learn how to have the money talk with your kids – and when 
  • Unpack your own relationship with money and learn how that’s projected on to your kids 
  • Learn how to discuss nontraditional financial sources with your kids as well as merging their passions with their work 
  • Additional Resources:  

    • Mydoh 
    • Mydoh - Money Talks Blog 
    • Mydoh - Financial Literacy Tools 
    • Request a CPA Canada Financial Literacy Session - How to teach your  kids about money 
    • Mastering Money Podcast - S5 E01 - How to talk to your teens.
    • Raising Money-Smart Kids: How to teach your kids about money 
    • Download transcript 

      This season is proudly brought to you by Pivot Magazine.  

      The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information. 

      ...more
      View all episodesView all episodes
      Download on the App Store

      Mastering MoneyBy Chartered Professional Accountants of Canada (CPA Canada)

      • 5
      • 5
      • 5
      • 5
      • 5

      5

      2 ratings


      More shows like Mastering Money

      View all
      Ideas by CBC

      Ideas

      395 Listeners

      Build Wealth Canada Podcast by Kornel Szrejber: Investor

      Build Wealth Canada Podcast

      11 Listeners

      Everyone's Talkin' Money by Shari Rash, Money Podcast for Women, Personal Finance, Relationships & Mental Health

      Everyone's Talkin' Money

      636 Listeners

      More Money Podcast by Jessica Moorhouse

      More Money Podcast

      121 Listeners

      The Diary Of A CEO with Steven Bartlett by DOAC

      The Diary Of A CEO with Steven Bartlett

      7,087 Listeners

      The Rational Reminder Podcast by Benjamin Felix, Cameron Passmore, and Dan Bortolotti

      The Rational Reminder Podcast

      444 Listeners

      Front Burner by CBC

      Front Burner

      419 Listeners

      Cost of Living by CBC

      Cost of Living

      39 Listeners

      The Canadian Investor by Braden Dennis & Simon Belanger

      The Canadian Investor

      78 Listeners

      The Peak Daily by The Peak / Curiouscast

      The Peak Daily

      12 Listeners

      The Decibel by The Globe and Mail

      The Decibel

      124 Listeners

      The Loonie Hour by Steve Saretsky

      The Loonie Hour

      11 Listeners

      The Canadian Real Estate Investor by Daniel Foch & Nick Hill

      The Canadian Real Estate Investor

      31 Listeners

      The Mel Robbins Podcast by Mel Robbins

      The Mel Robbins Podcast

      20,494 Listeners

      TLDR by Devin Friedman, Sarah Rieger, Matthew Karasz

      TLDR

      31 Listeners