In this episode of the Quiet Wealth we will talk about why is it important to help your 12-15 yr old get going with their own money. Get ready to build & share the wealth, let's dive in.In this Episode:[00:00 - 05:42] • Welcome to the Quiet Wealth Podcast. After the stages of saving, giving, and investing what you'll need to add to your 12 - 15 yr old.• Kicking my children out of the family bank. Adding budgeting and healthy money habits is a MUST.• Creating an account for your children, don’t forget to ask about student accounts from the bank that has better rates than regular ones.• Getting them a debit card.• Installing the corresponding banking apps on their phone.•  We STOPPED their allowance.• When we start introducing entrepreneurship to our children. [05:43 - 13:30] • Introducing the concept of budgeting.• Pick one category for them and try to lay out a plan for a whole year.• Why you want them to pay with their own debit card.• Start playing money board games like monopoly. • The concept of investing and one of the stories that came out of the rise of GameStop on the stock market.• Start shifting income to them from your business. • My new course announcement for families and children, GenWealth, a powerful method and way to really get your kids going in investing and set them up for future financial success. • See you on the next episode.  Build Wealth |  Create Impact | Leave A Legacy  Episode Highlight Quote:   "We want them to make money mistakes while they're under our wing before they go out and they make huge money mistakes." -Camilla Jeffs HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts and across other platforms! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Grab my FREE guide From Toddler to Teen: A Guide to Teaching Kids About Money https://camillajeffs.com/from-toddler-to-teens/  Follow us onhttps://www.facebook.com/steadystreaminvestmentshttps://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQhttps://www.linkedin.com/company/steady-stream-investmentshttps://www.instagram.com/quietwealthcommunity/  NEW TO THE SHOW?Browse through all of our episodes herehttps://steadystreaminvestments.com/podcastP.S. We at the Quiet Wealth Podcast are excited you’re here!===Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! https://steadystreaminvestments.com/masterclass/ Follow us at https://www.facebook.com/steadystreaminvestments https://www.instagram.com/quietwealthcommunity/ https://www.tiktok.com/@quietwealth https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ https://www.linkedin.com/company/steady-stream-investments

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