#86 Money Mindset for Children

In this solo episode # 86 of Let’s Talk Money and More Podcast, with me your host Lesley Thomas, I discuss about one of the most important things that we can do for our children and that is to help them develop a positive money mindset. As parents, we want nothing but the best for our children.  Money is an important part of life and understanding how to manage it is critical to long-term success and happiness. Unfortunately, many children today grow up without a positive view of money. They see it as a source of stress, difficulty, or even taboo. But with your help, you can help your children develop a positive attitude toward money that will serve them well for years to come. In this episode I discuss how.Key TakeawaysBy teaching children to view money as a necessary skill to learn about from a young age can help them develop a solid foundation for good decision making that will serve them well in the long term.Instilling a positive money mindset in children is crucial for their financial well-being.Just like adults, children need to be allowed to make mistakes and learn from them. Learning from mistakes can help children develop a better understanding of budgeting, saving, and spending wisely.As children grow older, it's important to provide them with opportunities to manage their own money.Teaching children about money is an ongoing process that requires patience, intention, and commitment.Connect with Lesley ThomasFREE 20 Top Tips Every Parent Must Know – Money Mindset for Children www.themoneyconfidenceacademy.com/resources/20-mindset-children/FREE Money Archetypes Assessment for Teens www.themoneyconfidenceacademy.com/resources/sma-teens/FREE Resources www.themoneyconfidenceacademy.com/resources/My website www.themoneyconfidenceacademy.com/Join my Facebook Group www.facebook.com/groups/letstalkmoneyandmoreYoutube channel www.youtube.com/@themoneyconfidenceacademyFollow me on Instagram www.instagram.com/lesleythomascoaching/Connect with me on LinkedIn www.linkedin.com/in/lesley-thomas Hosted on Acast. See acast.com/privacy for more information.