Oct 3, 2023
Teaching kids about money doesn't have to be boring! Discover how to make learning about finances fun and engaging for your children!
As parents we want to prepare out kids so when they decide to go off on their own, they’re equipped with not just the essential life skills, but also have wisdom on knowing when and how to use those skills.
Believe it or not, part of showing them the ropes is teaching them about money.
Because if we don’t, they’ll have a much harder time pursuing their goals because they’ll be weighed down by the consequences of bad money habits such as carrying a massive amount of debt.
Sadly carrying debts seems to the case for many Americans as I was reviewing some numbers from The Motley Fool about average debts.
Here’s the thing, though – how do you start those lessons?
It really is a family project. We have a big role as parents, but others in our circle can also be a wonderful help with getting our kids smarter with their money.
Paul Vasey is on the show to talk about how. He’s financial educator and the creator of Cash Crunch Games which is all about helping families have a fun time learning about finances through games. He also recently published a book – Raising Money-Smart Grandkids.
As you can guess from the title is focused on the grandparents, but most of those topics apply to parents as well.
In this episode we get into:
We have a lot to cover, so let’s get started!
If you’re looking to start or revamp your budget so you can reach your family and financial goals faster, check out some of these resources below!
If you’d like to chat more your money system, please join us in our
private and free Facebook group – Thriving
Families.
We’re families looking to support and help one another out.
Hope to see you there!
Support for this podcast comes from Coastal Credit Union! Come check out Coastal today if you’re living in the Raleigh Durham area and looking to bank better.
As a credit union, Coastal serves its members first and foremost including an annual loyalty bonus.
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