Top Money Tips For Your Kids
CRAFTED Millionaire
Cayla Craft
4.9 • 1.3K Ratings
🗓️ 22 June 2022
⏱️ 18 minutes
🧾️ Download transcript
Summary
In this Mommy Millionaire Minute, Cayla shares her top three tips for teaching your children about money. We don’t want our kids to grow up with the same negative mindset about money, so we need to be intentional about how we develop their mindset and knowledge about their finances. Whether you have your own children or not, this information is vital to all the children in your life. Remember that it takes a village and that what you hear today could be the piece of the puzzle to help boost the confidence and knowledge in the kids you know. So listen on to find out Cayla’s outlook on raising children when it comes to money and how you can start this journey with your own.
You will learn:
- [1:54] - Even if you don’t have your own kids, it takes a village to raise children. It’s important to teach the kids in your life.
- [3:02] - Cayla’s kids live in one of the wealthiest cities in the world and are surrounded by wealth.
- [4:01] - You must teach the wealth mindset to your kids.
- [5:14] - Ask your kids ways to multiply their money.
- [6:49] - Cayla financially rewards her kids to learn more.
- [8:26] - All of our behavior is based on the reward.
- [9:08] - The second thing Cayla teaches her kids about money is that God is their source.
- [11:06] - Your spirit will live with you eternally.
- [13:08] - It is important to teach your kids to be generous.
- [14:54] - Money is something fun we can bless others with.
- [15:31] - Be intentional with your conversations about money with your kids.
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Transcript
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| 0:00.0 | I want my children to understand that the more you know and the more that you apply the knowledge |
| 0:06.7 | that you have, the more money you're going to make, okay? And it's, you need some street smarts. |
| 0:12.1 | You don't just need books smarts, you need street smarts and reading autobiographies |
| 0:16.2 | or biographies of people that have the lifestyle you want is how you get those street books. |
| 0:22.0 | Hello and welcome to the Mommy Millionaire Show. This is your host Kayla Kraft. I am a mom of three. |
| 0:32.4 | Multi-millionaire master life coach and money mindset queen. I am so happy and thankful |
| 0:39.6 | that you're here. I am actually on a mission to help one million women make a million dollars |
| 0:44.8 | or more a year that could be you. Every week I'm bringing you inspiring stories to help you |
| 0:52.6 | feel empowered to broaden your horizons to gain clarity and strategy on living your best life. |
| 1:00.8 | Over at Mommy Millionaire we pursue our lives with purpose and love and the riches always follow. |
| 1:07.6 | So stay tuned because I'm bringing you episodes twice a week. I believe you are your biggest asset. |
| 1:13.6 | So let's build you up today. Let's get into it. |
| 1:25.1 | Hello Mommy Millionaires and welcome to this Mommy Millionaire Minute. |
| 1:31.0 | It is summertime right now as I'm recording this and I thought it's very relevant |
| 1:37.7 | to share my top money tips for you and your kiddos. And if you're somebody listening in right now |
| 1:44.8 | that might not have kids yet you might have nieces and nephews around you or friends kids. |
| 1:51.5 | This is something that you can do with them as well so I really want everybody to be paying attention |
| 1:56.4 | to this because it is our job as adults to be helping you know raise the village you know raise |
| 2:02.5 | up that next generation. So even if you don't have your own where is your village and how do you |
| 2:06.9 | invest in them? This is how you do it. Okay so if this is your first time listening into Mommy Millionaire |
| 2:12.8 | I'm going to recap for you. I have a 12 year old, a 10 year old and a 7 year old, two boys and a girl. |
| 2:19.2 | And our kids have a lot going on and this summer we're going to be spending traveling. They're |
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