When can you start talking with your children about the family's money? That's a good question. It's never too soon if the child is old enough and mature enough to hear about of the day show.

I'm your hope Sean Croxton.

It's Sean Croxton.

We got another brand new speaker on this show today.

Her name is Olivia Mellon.

I just stumbled upon her work very recently. I think I was listening

to a Kelvin Boston talk and he brought her up and she has this whole concept of money harmony and

money types as well. So I picked up a couple of her books and they're fantastic. And today,

she's going to talk about how our parents have an impact on our relationship with money,

and this impact can last an entire lifetime. And so today she's going to answer a question,

which is like, when is a good time for parents to talk to children about what money is and what

money isn't.

Olivia Mellon is coming up.

Now we're going to talk about why people are so irrational about money.

Well, I used to say, you know, in the families we grew up in, almost nobody talks about money.

But then somebody always raises their hand and says, oh, in my family, we talked about money

all the time.

When I say, really, how? They say, well, my father worried about not having enough, and he yelled

at my mother for spending too much. I am careful to notice that that's not what I mean by

talking about money. I mean sane, rational, emotionally nurturing conversations about what

money is and what it isn't, how to use it and how not to use it,

how our culture uses it in ways that may not be so healthy, etc. So that's what I mean about talks about money.

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