• Raising Financially Literate Kids: Talking to kids about money

  • Jan 10 2025
  • Length: 13 mins
  • Podcast

Raising Financially Literate Kids: Talking to kids about money

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  • Summary

  • This episode offers advice on discussing family financial difficulties with children. It emphasises the importance of open communication about budgeting and values, suggesting age-appropriate explanations of expenses and the difference between needs and wants. The piece also highlights the potential benefits of reducing extracurricular activities, freeing up time and teaching valuable life lessons. Practical tips for managing these conversations and mitigating children's anxieties are provided, advocating for honesty and family involvement in financial decision-making.
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