THE IMPORTANCE OF TEACHING YOUR CHILDREN ABOUT MONEY AND FINANCE

Send us Fan MailFINANCIAL EDUCATION STARTS AT HOME Teach your kids the important financial lessons through show and tell.  Lead by example. Teach them about how money works and the role it should play in their lives.Level with them about the limitations, realities, and details of the family budget.Like every parent you want the best for your kids, and you want to make sure that they can “hold their own” and make good decisions about what to do with their money.The sooner your kids begin to learn smart money management, the sooner they become financially independent adults.Here are some HIGHLIGHTS from this episode. 07:09 Why is it important to start the teaching process early17:15 Why should children learn about money20:20 Allowance or no allowance21:29 How to address credit with kids23:11 Savings25:06 Spending – Needs Vs Wants31:31 Teaching kids about money in the digital world38:12 The importance of teaching kids about money Support the showConnect with me:Instagram: https://www.instagram.com/thefinanciologist/Facebook: https://www.facebook.com/merginglifeandmoneyYouTube: https://www.youtube.com/@merginglifeandmoneyLinkedIn: https://www.linkedin.com/in/mjcaesarClick this link https://mariejocaesar.com/fmtq/take-the-quiz to take the "Discover Your Financial Mindset Type” Quiz, so you can start taking control of your financial destiny and transform your financial identity.Click this link: https://mariejocaesar.com/consult to book a FREE consultation now! Let's map out your path to financial wellness together. Your future self will thank you.