35 - Teaching Kids (Under 12) About Money

How do you teach your kids about money without it becoming a chore? In this episode of "Making Sense of Your Cents," Daniel and Shanna break down the "Three-Jar System" for kids under twelve—an easy, visual way to introduce the concepts of spending, saving, and giving. We discuss why giving your kids the freedom to make small "money mistakes" now is the best way to prepare them for bigger financial decisions later. Plus, we answer common parent questions about chore-based allowances and the "24-hour rule" for impulse purchases, and we share our actionable tip: The Match Program—a simple strategy to supercharge your child's savings and show them the power of growth. Tune in to turn those kitchen table conversations into lifelong habits! Send us Fan MailIs your sensitive financial data sitting in an unsecured mailbox? Switching to e-Statements is one of the easiest ways to protect yourself from identity theft. Moving your records from the street into our high-security digital vault provides faster access, clears the clutter, and keeps your information safe. Subscribe today, wherever you listen to your podcasts (Spotify, Apple Podcast, etc.) and send your questions to [email protected].