Since personal finance is not taught in most public schools, the job falls squarely on parents and caretakers. Hopefully this means we are intentionally teaching our children through lessons and examples in order to shape their perceptions of money. Listen as we cover the foundational money principles that we feel will have the biggest impact on the way our kids view money.
When it comes to actual tools- we’re using Dave Ramsey’s Financial Peace Junior and focusing on tangible money while the kiddos are young. The clear envelopes are great at allowing them to actually see the money they’re earning! But as they get older, we’re looking forward to exploring apps like Greenlight and FamZoo. What apps have you used?
Additional links:
- New Jersey and South Carolina might be among the few states that require some form of financial literacy classes.
- And check out very affordable eyeglasses at Zenni Optical.
- 2 blog posts with more details for raising financially savvy kiddos!… How to teach kids about money, and teaching kids about investing!
- And here are some other ways to give kids a financial head start (without giving them money!)
- Here are the best credit cards for stay at home parents. (Yes, you can get a CC even if you don’t have personal income!)
During this episode we enjoyed a Peanut Brother by Great Notion Brewing which you can find and learn all about on Untappd. A massive thanks to Alex in Oregon for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts, Castbox, or wherever you get your podcasts- we’d love to hear from you.
Best friends out!
