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Money Girl

307 MG Money and Kids: Tips for Teaching Children About Finances

Money Girl

Macmillan Holdings, LLC

Entrepreneurship, Education, Investing, Business, How To

4.61.8K Ratings

🗓️ 20 March 2013

⏱️ 9 minutes

🧾️ Download transcript

Summary

Fun, easy ways to make your child a financial genius.

Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi everyone I'm Laura Adams and you're listening to the Money Girl Podcast.

0:07.0

Today we have a very special episode. Cheryl Butler, who is The Mighty Mommy, came to me with some questions that she has about kids and finances. With Cheryl's brood of eight there are a lot of opportunities for

0:28.0

financial successes and failures that's why today I'm going to answer five of Cheryl's questions to help you and your children work together to create a solid financial future.

0:42.0

Now, take it away Cheryl.

0:44.0

Thanks Laura. I'm so happy to have the chance to draw on your

0:48.0

financial expertise for some questions that my mighty mommy

0:51.0

followers have recently written to me about.

0:54.4

One question I am often asked is, at what age can we start teaching our kids about money

0:59.6

and how can we make it an easy process that they can relate to?

1:03.8

As soon as children start reading or attending preschool is the perfect time to begin teaching

1:09.6

them the ABCs of money.

1:12.2

There are fantastic books, games, and kits created for children as young as four years old.

1:19.0

Since every child is different, try several different resources to see which ones your child

1:24.7

responds to or likes best. Robin Yang is the author of an award-winning

1:30.2

illustrated series of books called The Enchanted Coller, which teaches young children a variety of money lessons, such as saving, banking, and budgeting.

1:41.0

Gids will have fun while they learn the importance of being responsible with money.

1:47.0

Another great book called How the Moonjar was made comes from a company called Moonjar. They create fun and easy to use

1:55.6

products like books, money boxes and games that teach young children financial

2:01.1

concepts to build their dreams.

2:03.7

Check them out at moonjar.com or at any online bookseller.

2:08.9

Those books sound awesome.

2:10.4

Thanks.

...

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