Financial literacy for kids: how to teach your kids about money
#77: Teaching financial literacy for kids may seem like a tall order…when considering that financial literacy even for adults is a national deficiency.
But teaching kids about money is crucial if you want your kids to grow up financially responsible and independent.
As a parent, you will have a strong vested interest in it, because if you fail at it you’ll eventually pay the consequences (literally), e.g., if your adult kid can’t support themselves and move out of the house.
And early retirement? You can probably kiss that goodbye if your kid is financially reckless.
So, instilling good financial education for your kids is a wise investment…maybe even the wisest investment.
This week, I spoke with Robin Taub, author of the book “The Wisest Investment,” about how to instill financial literacy for children. We discuss strategies, role modeling, and techniques for teaching personal finance and money lessons to your kids.
What you’ll learn:
What methods have you found to be effective when it comes to teaching your kids about money? If your kids are self-motivated to learn about personal finance – earning, budgeting, saving, investing – how did you get them to be self-motivated? Let me know by leaving a comment.
Don't miss an episode, hit that subscribe button...
If you liked this episode, be sure to subscribe so you don’t miss any upcoming episodes!
I need your help, please leave a listener review :)
If you liked this episode, would you please leave a quick review on Apple Podcasts? It’d mean the world to me and your review also helps others find my podcast, too!
Related links:
Intro/Outro: Old Bossa by Twin Musicom.
Create your
podcast in
minutes
It is Free