Train them young.
One of the goals for many parents is to make sure our children have comfort and security. To achieve this, it's crucial to share valuable financial lessons and strategies with them.
In this episode, I explore five vital money lessons that I believe all parents should not only grasp themselves but also pass on to their children. These lessons are a fundamental building block to empower families with the knowledge and tools they need to navigate the complexities of personal finance, ultimately helping ensure a more secure financial future for the next generation.
In this episode, I discuss:
- Five essential money lessons parents should learn and impart to their children:
- The art of negotiation
- Simple budgeting methods
- Saving vs. investing
- Tax optimization strategies
- Tools to help kids with goals setting, budgeting and investing
- Teaching kids the art of negotiation
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