1108: How to Talk to Your Kids About Money with Authors Doug Nordman and Carol Pittner

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 14 October 2020

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Whether you’re struggling for the words (and patience) to discuss topics like allowances and college costs with your teenager or want to encourage your 4th grader to save at a young age, my guests have advice on how to teach financial principles to your kids throughout the years. Doug Nordman and Carol Pittner are the father-daughter authors of the book Raising Your Money-Savvy Family for Next Generation Financial Independence. The book is part personal stories, part practical advice, guiding readers on how to instill financial values in their kids starting as early as Kindergarten, or as the authors say, “after they stop eating money.” We discuss their own personal memories of discussing money when Carol was growing up, as well as how families that may be struggling with money can open up to their kids about it in a meaningful (and not scary) way. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So Money,
0:02.4	Talking to your kids about money.
0:04.8	You're listening to So Money,
0:07.8	with award-winning Money Guru Farnu Farnu Shorabi.
0:10.6	Each day get a 30 minute dose of financial inspiration from the world's top business
0:15.3	minds, authors, influencers, and from Farnuosh yourself. Looking for ways to save on gas or double your double coupons?
0:24.0	Sorry, you're in the wrong place.
0:26.0	Seeking profound ways to live a richer, happier life.
0:29.0	Welcome to So Money.
0:32.0	It's all a conversation and a lot of the conversation you're just
0:35.7	talking about feelings and talking about how you did it when you were younger and
0:39.4	how you know they're going to do it better when they're older. You might be
0:42.3	wondering how to have the hard conversation
0:44.6	about money with your kids these days.
0:47.4	Welcome to So Money, everybody.
0:48.8	I'm your host, Farnish Terabi.
0:50.7	We're touching on an important topic today. I know one that for many of our
0:54.7	listeners hits home whether your child is six or 16. You might be wondering how do I
1:01.8	raise a money savvy child? Well our guest today know a thing
1:06.7	or two about this. They're the co-authors of a new book called Raising Your Money
1:10.9	Savvy Family for next generation financial independence.
1:15.4	Father, daughter, duo Doug Nordman and Carol Pitner co-authored the book.
	...

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