How to Help Your Kid to Master Money
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Want to teach your kids to master money? Sunny Lee shares how she's guiding her children to be smart and generous with their finances!
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Teaching Kids to Master Money
As parents, we want our kids to become responsible, happy, and giving adults. Part of that entails being smarter with their finances than we've been.
We want them to understand the value of money and how it can help, but we don't want it to be their focus. It can be tough to pass on those lessons when there's noise all around.
Buy now, pay later.
Credit card debt is normal.
Get as much as you can afford.
Yeah, it's tough, but not impossible.
Joining me today's show is Sunny Lee. She is the owner and CEO of Good Life Advisors and author of Is Your Child A Money Master or a Money Monster?
In today's epsiode:
- she discusses how really young children start learning crucial lessons
- how to encourage and reward kids towards success
- how to develop the habit of giving with your kids
Besides her professional experience, Sunny is also a mother and just like most of us, she's doing her best to guide her children to become financially responsible.
Hope you enjoy!
If you want hear more about kids and money, please check out my interview with NY Times money columnist Ron Lieber about raising money smart kids.
Subscribe to Couple Money Podcast via iTunes, Stitcher, or copy this link to usewith a podcatcher of your choice. You can also find me hanging out on Twitter and Facebook.
Resources on Teaching Kids About Money
Want to learn more? Here are some resources to check out:
- 4 Ways Parents Can Teach Their Kids About Money
- The Opposite of Spoiled: Interview with Author Ron Lieber
- 6 Tips for Building the Charitable Giving Muscle with Your Kids
- Too Young for Finance? Think Again
- The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money
Thank You to Our Partners
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