BONUS EPISODE: Personal finance tips for parents part two

Enjoying the podcast? Tell us what you think below and give us a rating. As always we'd love to hear your suggestions and feedback. Send us an email: [email protected].   In this bonus episode of The Pension Confident Podcast, we return with part two of our financial crash course for parents. If you haven't heard part one yet don't worry, you can go back and find it on our feed. Tune in to hear the best bits from episodes eight and 23, as our host, Philippa Lamb and our expert guests cover everything from pocket money economics to talking to your children about how debt works. We hear from: Certified Money Coach, Mentor, and Founder of The Money Whisperer, Emma Maslin; Personal Finance Journalist, Laura Miller; Co-Founder and CEO of NatWest Rooster Money, Will Carmichael; and Personal Finance Expert and Founder of Mrs MummyPenny, Lynn Beattie.   Episode Breakdown: 01:03 Understanding compound interest 02:22 Pocket money economics 04:05 Teaching kids about debt 05:29 Juggling a family and finances 06:39 Differentiating between rich and wealthy 08:24 How kids can teach us about money   Further reading and listening: To learn more about personal finance tips for new parents, check out these articles and podcasts from PensionBee: Episode transcript 5 steps to plotting your personal finance roadmap E8 of The Pension Confident Podcast: How to teach kids about money (Podcast) E14 of The Pension Confident Podcast: What's the impact of your relationship status on your finances? (Podcast) E19 of The Pension Confident Podcast: Can you afford to have kids? (Podcast) How to teach kids about money Money saving tips for families Should I teach my children about money? Teaching kids about money: How can we improve financial literacy among children? What is compound interest? What is compound interest? - Pensions 101 (Video)   Other useful resources: Child Benefit (Gov.uk) How do you tell kids you cannot afford something? (StepChange) How much pocket money should I give? (Rooster Money) How to teach kids about money (MoneyHelper) Mumsnet (Mumsnet) New apps are teaching children how to manage their money (The Economist) Tax-Free Childcare (Gov.uk)   Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube   Follow PensionBee (@PensionBee) on X, YouTube, Threads, Instagram, TikTok, Facebook and LinkedIn. Follow Emma Maslin (@MoneyWhisperer_) on X, Threads, Instagram, Facebook and LinkedIn. Follow Laura Miller (@thatlaurawrites) on X and LinkedIn. Follow NatWest Rooster Money (@rooster_money) on X, YouTube, Threads, Instagram, TikTok, Facebook and LinkedIn. Follow Lynn Beattie (@MrsMummypennyUK) on YouTube, Instagram, Facebook and LinkedIn.