In a world where tapping your phone on a credit card machine is the norm, it can be hard for kids to grasp and truly understand the value of money but, it's important to teach them about money, and how to prioritize saving, spending, and giving so they have a healthy relationship with money as they get older.
In this episode, Rachel Rasmussen, CFA, CDFA®, and Tony Luckhardt, CFP ®, CRPC®, discuss the importance of teaching children good money habits at any age. It's never too early or too late to start.
Tony and Rachel share more about:
- Introducing financial topics to young children and how that message can evolve as they get older
- How sharing your own financial successes and failures can help inform their decisions
- Why talking about money now can prevent problems later
- And more
Resources:
Connect With Rachel and Tony: