Stop the Bank of Mom and Dad - Episode 625

In this episode of the Prosperity Podcast, explore the rollercoaster world of raising financially savvy teenagers. Hosts Kim and Spencer share practical tips to transition kids from the “bank of mom and dad" to financial independence. Discover strategies to foster gratitude, responsibility, and real-world money skills while embracing parental imperfections. Ideal for parents eager to cultivate a prosperous, debt-free mindset in their teens!

Prosperity Thinkers is proud to be an affiliate of the transformative Gravy Stack movement, helping individuals around the world unlock their potential and achieve financial freedom. By providing resources, tools, and mentorship, we contribute to creating a culture of abundance, possibility, and growth. Please note, that as an affiliate, we may receive compensation for our efforts. Our collaboration, however, goes beyond financial arrangements; we truly believe in the power of the Gravy Stack movement to change lives and foster prosperity.

Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers' thinking and strategies today!

Do you have a question you would like answered on the show? Please send it to us at [e-mail] and we may answer it in an upcoming episode.

 

Links and Resources from this Episode

• For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/

• http://prosperityparents.com/ 

• https://prosperitythinkers.com/action/ 

• https://www.youtube.com/@KimDHButler

• https://prosperityparents.com/ 

 

Show Notes

• The crucial question for teenagers.

• Perspective on teenagers’ problem-solving.

• Combating scarcity mindset.

• Asking the right questions on successful days.

• Importance of modeling desired behaviors.

• Combining families to teach valuable skills.

• Story of professors and a student-built plane.

• What doesn’t work: Over-talking in teaching.

• Importance of acknowledging parental mistakes.

• Resources for financial competency in families.

Special Listener Gift

• Free eBook: Activating Your Prosperity Guide.

 

Kim Butler's groundbreaking eBook/ audiobook explains why typical financial advice may be sabotaging your wealth... and what to do instead! 

 

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