Kids & Money E10 Before children leave high school they need to understand the total cost of debt and that money is relational.
Kids & Money E09 The promise to pay concept is an excellent way for your children to understand debt in a way they can relate and understand that money is emotional.
Kids & Money Episode 08 Teaching your kids to understand debt takes a long time, many conversations and requires some creativity to make the lesson fun.
Kids & Money Episode 07 The last cookie exercise is a fun way to teach keeping a budget to your kids.
Kids & Money Episode 05 The conversation is about incorporating the lesson of opportunity cost in everyday family financial discussions to help drive home the message.
Kids & Money Episode 04 We discuss the terms quality of life and standard of living in this episode and how defining these concepts to kids is critical for defining rich.
Kids & Money Episode 03 We define income and expenses using the lemonade stand business model in this episode to expand the lesson to include the mention tied to finances.
Kids & Money Episode 02 Lesson two in our Kids and Monday series explains the importance of opportunity costs, understanding debt, and budgeting.
Kids & Money Episode 01 The goal of our new podcast series, Kids & Money, is to be a resource for parents to assist in educating children regarding finances.