How do we talk to kids about money and financial responsibility? Last week on How to Talk to Kids about Anything, we spoke to Neale Godfrey, author of 27 books that empower families and kids to take charge of their financial lives. (Access through iTunes, my website, or Stitcher, etc).
This episode focuses on talking to kids (and teaching kids) about money. Why is this important? Raising children who understand money is vital to their future financial health, independence and future fiscal behavior! Children and teens need to learn the value of money as well as how to budget, plan, earn, save, invest and give to causes and charities that mean something to them. Money management is a life skill that all children must learn to become responsible, successful adults.
“If you don’t teach your kids about money, their friends will do it…and they’re all bozos!” ~Neale Godfrey
I can’t wait to hear what you think and how you are going to apply it at home or in your school! And if you love this episode like I did, it would be so awesome to have you subscribe, rate and review it on iTunes so that others learn all about it. And please, feel free to share it!