Merging Life and Money with MJ Caesar

THE IMPORTANCE OF TEACHING YOUR CHILDREN ABOUT MONEY AND FINANCE


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FINANCIAL EDUCATION STARTS AT HOME 

Teach your kids the important financial lessons through show and tell.  Lead by example. Teach them about how money works and the role it should play in their lives.
Level with them about the limitations, realities, and details of the family budget.
Like every parent you want the best for your kids, and you want to make sure that they can “hold their own” and make good decisions about what to do with their money.
The sooner your kids begin to learn smart money management, the sooner they become financially independent adults.

Here are some HIGHLIGHTS from this episode.

 07:09 Why is it important to start the teaching process early

17:15 Why should children learn about money

20:20 Allowance or no allowance

21:29 How to address credit with kids

23:11 Savings

25:06 Spending – Needs Vs Wants

31:31 Teaching kids about money in the digital world

38:12 The importance of teaching kids about money

 

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Merging Life and Money with MJ CaesarBy Marie Jo Caesar