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Good Inside with Dr. Becky

How to Talk to Kids About Money

Good Inside with Dr. Becky

Dr. Becky

Kids & Family, Parenting, Education, Relationships, Society & Culture, Self-improvement

4.84.1K Ratings

🗓️ 25 July 2023

⏱️ 23 minutes

🧾️ Download transcript

Summary

Dr. Becky talks to a mom about how to talk to kids about money but also about where they find their self-worth.

Transcript

Click on a timestamp to play from that location

0:00.0

I'm Dr. Becky and this is good inside.

0:07.1

So my name is Neha.

0:08.2

I'm the mother to an incredibly curious and vivacious six-year-old.

0:15.6

One of the things that I persistently felt that we're still very lagging behind in terms

0:20.1

of tools is building a conscious awareness and relationship to money for children.

0:28.4

Money.

0:29.4

This is one of the hardest topics to talk about with other adults.

0:33.6

And so it makes sense that it's also really tricky to talk about with our kids.

0:38.0

How do we help our kids develop a sense of money, an appreciation of it, and values around

0:43.8

what it means about us and what it doesn't?

0:47.6

And what I mean by that is that financial security and what money represents as a means of

0:55.2

not just productivity and convenience, but that one step beyond where the ability to provide

1:01.0

for yourself and your loved ones is such an essential part of feeling as if you are

1:09.9

secure and you have a sense of safety and well-being.

1:15.5

Coming up, we'll talk about how we decouple money from self-worth.

1:21.1

More after this.

1:25.9

If you are looking for information about how to do allowance and whether or not to link

1:30.8

allowance with chores and how to really help your kid develop a sense of money in this

1:36.4

way in your home, I've got you covered.

1:38.9

I have a brand new, good inside guide to allowance and it comes with a handout you can

1:45.1

go through with your kid.

1:47.4

It's available in the member library so just go to goodinside.com and after you log in

...

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