Most parents would want their kids to leave home with a solid understanding of personal finance. For that to happen, we need to provide our kids with the skills and toolkit necessary for them to become financially responsible and build their own wealth.
The objective is that they become financially savvy and are confident with their decisions about money as they progress through the different stages of life.
Tune in to this episode as I share tools and tips to help kids:
- Earn more Money - Explore ways to encourage your children to earn money on their own.
- Manage their money - Discover tips to teach your kids about budgeting, saving, and responsible spending.
- Learn to invest - Provide guidance on the basics of investing and its essence in starting at an early age
Dreamers' Wealth of Wisdom
- My goal as a parent is that by the time my kids leave my house and go off to the next stage of their life, when they become adults they have a good understanding when it comes to finances.
- It's not about doing things for them so that they can build wealth. It's about teaching them the skills, giving them the toolkit, so that they can be financially savvy and build their own wealth.
- If we take the time to teach them habits that they can carry with them into adult life, then that will likely positively impact their finances and the quality of life that they live long term.
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