EPISODE · May 3, 2022 · 24 MIN
Teaching Kids About Money
from Five Minute Finance
It’s best to learn how to use money while in a safe environment: when you’re a kid. This is a lot better than trying later on when it really matters! Kids are natural learners, but we need to give them the space to explore their own desires and their environment; to try things out and fail and succeed.In this episode we discuss:Allowing freedom for kids to spend their own moneyDon’t couple chores with allowance: allow children to be a part of the family dutiesWhen and how to talk to teenagers about college expensesFind out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/
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Teaching Kids About Money
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