201 | Money Lessons for Kids
Episode description
Today’s show is a special shout-out to our parent-folk out there! Heck, if you just want some foundation money management tips, you’ll find some golden nuggets here too!
What we’re about to unpack is a framework-stacked episode featuring THE Money Lessons for Kids — more specifically, how to teach your kids about money! Because, let’s face it, money makes the world go ‘round… so if our young folk aren’t given a proper head start as to how it all works, their futures will be impacted. It really is as simple and as straightforward as that.
So, how do you work out when and how to teach them?
Well, with 2 young boys each, we’ve asked ourselves the same thing. We get it — trying to run a household, manage your own money AND make sure your kids grow up to be respectable, decent and bright humans is no easy task. Adding to that the necessity of teaching them about money so that they can, not only survive in the big wide world but actually thrive in it… well, even we could do with some insights!
That’s what we want to give YOU today!
Before plunging into the murky waters of Money & Kids 101, here are a few bits of housekeeping and the free resources we mention in today’s show…
- ASIC’s MoneySmart Website – Teaching kids about money
- Ben’s Cash Rate Video – RBA Dec 2018 Announcement – Trade Wars & Stock Market Corrections
- Tim Ferris’ Interview with LeBron James – Tune in here
- The Power of Vulnerability by Brene Brown – Watch here
- CoreLogics Housing Report – Click here to check out the Monthly Reports
- Australia’s GDP Report for the September Quarter – Check it out on ABS
- The Golden Highlights – CLICK HERE for the gold in our first foundational 20 episodes
Oh, and because kids learn A LOT just by watching what you do (so the way you manage your own money really matters),
LISTEN TO THE FIRST 20 EPISODES HERE >>
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- The Armchair Guide to Property Investing
- Make Money Simple Again
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