It’s best to learn how to use money while in a safe environment: when you’re a kid. This is a lot better than trying later on when it really matters! Kids are natural learners, but we need to give them the space to explore their own desires and their environment; to try things out and fail and succeed.

In this episode we discuss:

• Allowing freedom for kids to spend their own money
• Don’t couple chores with allowance: allow children to be a part of the family duties
• When and how to talk to teenagers about college expenses

Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/