The Modern Cents Podcast

The Modern Cents Minute: Teaching Kids Financial Autonomy


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Andrea Thompson discusses a strategy to teach financial autonomy to teens and preteens through the $100 monthly experiment. The experiment involves transferring $100 to the teen's account and letting them manage their non-essential expenses. Tips for implementing the experiment and the importance of review and reflection are also highlighted.

Takeaways

  • Teaching kids financial autonomy
  • Monthly budgeting strategy
...more
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The Modern Cents PodcastBy Andrea Thompson