10 min listen
2571: 5 Ways to Involve Kids in the Family Budget by Chelsea of Smart Money Mamas on Financial Literacy For Children
FromOptimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY
2571: 5 Ways to Involve Kids in the Family Budget by Chelsea of Smart Money Mamas on Financial Literacy For Children
FromOptimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY
ratings:
Length:
9 minutes
Released:
Dec 31, 2023
Format:
Podcast episode
Description
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.
Episode 2571:
Chelsea from SmartMoneyMamas.com provides insightful strategies to involve children in family finances. The article emphasizes practical methods like using cash for certain expenses, understanding entertainment budgets, and maintaining a family savings chart. These approaches not only make money tangible for kids but also instill valuable financial habits early on.
Read along with the original article(s) here: https://smartmoneymamas.com/5-ways-to-involve-kids-in-the-family-budget/
Quotes to ponder:
"The best ways to involve your children in the family budget are going to be any methods that get them physically involved."
"If we discuss money with our children inconsistently or make it clear that is an uncomfortable subject for us, the first financial lesson our kids will learn is money is mysterious and scary."
"Fully understanding the idea of opportunity cost from a young age will help [children] make smarter financial decisions as an adult."
Learn more about your ad choices. Visit megaphone.fm/adchoices
Episode 2571:
Chelsea from SmartMoneyMamas.com provides insightful strategies to involve children in family finances. The article emphasizes practical methods like using cash for certain expenses, understanding entertainment budgets, and maintaining a family savings chart. These approaches not only make money tangible for kids but also instill valuable financial habits early on.
Read along with the original article(s) here: https://smartmoneymamas.com/5-ways-to-involve-kids-in-the-family-budget/
Quotes to ponder:
"The best ways to involve your children in the family budget are going to be any methods that get them physically involved."
"If we discuss money with our children inconsistently or make it clear that is an uncomfortable subject for us, the first financial lesson our kids will learn is money is mysterious and scary."
"Fully understanding the idea of opportunity cost from a young age will help [children] make smarter financial decisions as an adult."
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Dec 31, 2023
Format:
Podcast episode
Titles in the series (100)
562: Mortgage as a Forced Savings Account to Build Wealth by Sam Dogen of Financial Samurai: Sam Dogen of Financial Samurai by Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY