The Money Manual | Rachel Cruze & How to Raise Smart Money Kids - 072
The Chalene Show | Diet, Fitness & Life Balance
Chalene Johnson
4.8 • 7.3K Ratings
🗓️ 4 March 2015
⏱️ 39 minutes
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Summary
Raising children is hard - there's just so much to teach them. While your brain and attention are caught up in a million thoughts, don't forget to teach your children about fiscal responsibility. So, how exactly do you do that? Well, you're in luck because Chalene is speaking with Rachel Cruz, the co-author of the New York Times best-selling book, Smart Money Smart Kids. This episode is full of simple, down-to-Earth tips that you can implement TODAY. It's just that simple.
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Transcript
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| 0:00.0 | Welcome to the Shalene Show. |
| 0:04.9 | Shalene is a New York Times bestselling author, |
| 0:07.2 | celebrity fitness trainer, |
| 0:08.8 | and obsessed with helping you live your dream life. |
| 0:12.4 | One of the two things you think are most valuable |
| 0:15.2 | for kids to learn, like if you just had to pick two course |
| 0:19.1 | topics that every kid in America had to master |
| 0:23.0 | before the age of 17 or 18, what would those things be? |
| 0:27.7 | I know for me, one of them would be money. |
| 0:30.6 | Like how to make it, how to save it, |
| 0:32.1 | how to keep your checkbook balanced, |
| 0:34.6 | how to make your money, make money for you, |
| 0:37.1 | how to manage your money, how to do things |
| 0:40.5 | so that your money doesn't control you, right? |
| 0:43.6 | So that it gives you options. |
| 0:45.7 | And I guess number two would be relationships. |
| 0:48.7 | These are two things we really don't teach, |
| 0:51.5 | at least not very well in our public school systems. |
| 0:54.5 | We leave it up to our parents. |
| 0:55.9 | We leave it up to mom and dad to teach the kids these things. |
| 0:59.1 | But oftentimes mom and dad really don't have a great grasp |
| 1:03.5 | on money and how to manage it and how to make more. |
... |
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