In this episode, Melissa Fradenburg and her daughter Jackie discuss ways to talk with your kids about money. Jackie will share how she learned about money and why she is a good saver. Melissa will ask Jackie a series of questions that can help parents have meaningful conversations about money as well as instill good money behavior at a young age.
You will learn:
- Why asking your kids about their first memory of money is a good conversation starter?
- What are some of the things your children could do differently to help with the monthly household expenses?
- Ask your Kids: What’s the difference between a “want” and a “need”?
- Should kids get an allowance for chores?
- Ask your kids: Did you have purchase something you later regrated?
How to Talk to Your Kids About Money – Resources:
- Listen to a webinar replay, Talking to Your Kids about Money.
- Blog post from Pearl Planning, The 3 Money Conversations to Have with Your Kids
- Read an article from NPR, Want to Teach Your Kids About Money? Start By Including Them In the Conversation.
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