Many children grow up with no clue about how money works—what it means to save for something they want, how to spend wisely, how work can translate into money and why we must give to others in need as part of our life’s journey. Somehow, in our busy lives, discussions about money get pushed off until later. But of you think about it, when kids don’t know how money works when they are younger and under your roof, it can set them up for some big money mistakes when they are away at college or off on their own. So “money talks” are some important discussions we all need to have with our kids.

My next guest knows more than a thing or two about these money talks as she’s been having these conversations as long as she can remember with her own parents—that’s just part of growing up Ramsey.

As a #1 New York Times best-selling author, host of The Rachel Cruze Show, and The Rachel Cruze Show podcast, Rachel helps people learn the proper ways to handle money and stay out of debt. She’s authored three best-selling books, including Love Your Life, Not Theirs and Smart Money Smart Kids, which she co-wrote with her father, Dave Ramsey. You can follow Rachel on Twitter and Instagram with the handle @RachelCruze and online at rachelcruze.com, youtube.com/rachelcruze or facebook.com/rachelramseycruze.