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The Art of Manliness

#297: Make Your Kid a Money Genius

The Art of Manliness

The Art of Manliness

Society & Culture, Education, Philosophy

4.714.5K Ratings

🗓️ 21 April 2017

⏱️ 47 minutes

🧾️ Download transcript

Summary

My guest today is Beth Kobliner, and we discuss her latest book, "Make Your Kid a Money Genius." Beth shares the research on the age at which most kids develop the money habits they’ll have for the rest of their life (it’s surprisingly young) and provides some basic guidelines on what you should and should not talk about with your children when it comes to money. We then dig into specific tactics on teaching your kids -- whether they’re in preschool or college -- about saving, work, insurance, and debt. Even if you don’t have kids, you’re going to find some useful reminders in this podcast about getting your financial life in order. For those of you thinking about getting married soon, Beth shares some fascinating research on how the amount you spend on the engagement ring and wedding ceremony correlates with marital success and happiness. It will definitely provide some conversation fodder to discuss with your significant other.

Transcript

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0:00.0

[♪ INTRO MUSIC PLAYING [♪

0:15.0

Brett McKay here and welcome to another edition of the Art of Manliness Podcast.

0:18.6

Do you have a not-so-rosy financial history and are worried that you're going to pass

0:21.7

on your bad money habits to your kids?

0:23.6

My guest say on the show says you needn't worry, with a bit of thought and some self-education,

0:27.5

you can clean up your own money problems while simultaneously teaching your children how

0:30.5

to avoid mistakes you've made yourself.

0:32.3

Her name is Beth Kobliner.

0:33.5

She's the author of one of my favorite personal finance books, Get a Financial Life, and

0:36.4

in her latest book, she shares research back, advice on how to teach your kids the principles

0:40.4

of sound, personal finance.

0:42.2

Beth shares the research at which age most kids develop their money habits, they'll have

0:45.8

for the rest of their life, and it's surprisingly young, and provides some basic guidelines

0:49.4

of what you should and should not talk about with your children when it comes to money.

0:52.4

We then dig into specific tactics on teaching your kids, whether they're in preschool or

0:55.9

college, about savings, work, insurance, and even debt.

0:59.4

Even if you don't have kids, you're going to find some useful reminders about getting

1:01.8

your financial life and order in this podcast.

1:03.7

For those of you thinking about getting married soon, Beth shares some fascinating research

1:07.1

on how the amount you spend on the engagement ring and wedding ceremony correlates with

1:11.6

the marital success and happiness of your future marriage.

1:14.2

Definitely provide some conversation fodder to discuss with your significant other.

...

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