Listen "Teach Your Children About Money!"
Episode Synopsis
You know without financial literacy your kids will become sitting ducks for credit card companies. But when do you start teaching? And how can you do it without boring them? In this episode I'll share appropriate ages to begin (and advance) a child's financial education, key topics to cover, and how to create teachable moments they'll remember. Listen now! Show highlights include: Why you can start teaching kids about money sooner than you think. (1:46) How Dollar Tree can teach your kids about taxes. (2:06) Forgotten fundamental, rarely taught in school anymore, that shields your child from the allure of credit cards. (3:42) The Great Allowance Debate–Why giving your child an allowance could leave them unprepared for adulthood. (4:54) Simple "10-10" Rule to teach children about giving and saving. And how one modification makes it great for adults too. (11:23) Double Trouble looming for retirement savings locked up in IRAs or 401Ks. Many don't realize the danger until it's too late and costs a small fortune. (13:22) Ideal age to give your child Nelson Nash's book, and how to help them grasp harder concepts. (15:34) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
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