“How not to lose a million dollars”

In an increasingly cashless society, how can parents ensure children learn healthy financial habits? In this episode, host Claer Barrett speaks to Sheila Bair, author of the Money Tales children’s book series and former chair of the US Federal Deposit Insurance Corporation, about instilling children with sensible attitudes to money - and reveals details of her next book, How Not to Lose a Million Dollars. For a chance to win a pair of Bose QuietComfort 35 Wireless Headphones, share your thoughts on the show with us via a short survey before August 29 2024 (terms and conditions can be found here).For more tips on how to organise your money, sign up to Claer's email series 'Sort Your Financial Life Out With Claer Barrett' at FT.com/moneycourseIf you would like to be a guest on a future episode of Money Clinic, email us at [email protected] or send Claer a DM on social media — she’s @ClaerB on Instagram and TikTok.Want more?Check out Claer’s column, Widowed pensioners ‘could be owed thousands’ in UK state pension.Listen to more episodes, such as How can I cut the cost of my insurance cover?, Can financial therapy change our relationship with money?, and more.Presented by Claer Barrett. Produced by Tamara Kormornick. Our executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.