How To Raise Money Smart Kids - 5 Things You Must Teach Them

Parents want to teach their kids to stay out of debt and spend wisely, but they struggle to know HOW to teach that.

What you'll learn

Define money values for your family

Set kids up for financial success with the right tools and habits

Teach your kids how to be smart spenders

Ignite their understanding and interest in saving

Build a healthy relationship with money, regardless of your own financial experience

Requirements

Required: An openness to learn and desire to help your child have a healthy relationship with money. If you bring that, we've got the rest right here!

Description

As a parent, you don't want to see your child struggle with credit card debt or stressed out to pay their bills. You want them to be:Confident they can have money for emergenciesSecure in saving for their futureFinancially stable to travel, change jobs, or make a big moveResponsible with money and not take it for grantedLive a lifestyle that is not paycheck-to-paycheckI’m a mom myself and after years of coaching and speaking on personal finances to young adults, it was very clear that this is not being taught. It’s not taught in schools and most families don’t talk about it at home because as parents, we don’t know how!You probably want a different reality for your kids if you’re reading this. You want them to:Understand why it’s important to save and how they can make that a habitBe a smart spender who is intentional with their moneyBuild a healthy relationship with money so it’s doesn’t stress them outHave the tools to create a money breakdown and life that lets them do and have the things they value the mostAnd you want to create an environment in your own household that fosters that learning. But if you’ve ever struggled with money yourself (and let’s be honest, it has stressed everyone out at some point!) it’s easy to feel like you aren’t qualified or able to teach them.If you are open to learning these strategies, then I assure you, you are not only qualified, you are the #1 person who should be teaching them these skills. You’ve got this and we are here to help make sure you achieve it!

Overview

Section 1: Introduction

Lecture 1 Introduction

Section 2: Defining Your Family Values

Lecture 2 How To Define Your Family Values

Lecture 3 Create Your Own Family Values - Activity

Lecture 4 Our Role As Parents

Lecture 5 Don't Ever Use This Phrase

Lecture 6 More Money Equals…

Section 3: Get Them Excited to Save

Lecture 7 How To Get Them Excited To Save

Lecture 8 Introducing Compound Interest

Lecture 9 These Numbers Are Crazy

Lecture 10 Implement These Strategies To Save

Lecture 11 Everyone Wants To Save

Section 4: Teach Them To Be Smart Spenders

Lecture 12 Spend With Intention

Lecture 13 How Do We Actually Teach This?

Lecture 14 Building a Sense of Worth

Lecture 15 How Do We Teach This Without Money?

Lecture 16 Comparison And The Drive To Buy

Lecture 17 Navigating The Digital World

Lecture 18 Impulse Shopping!

Lecture 19 Resisting Ads

Lecture 20 Make It Inconvenient

Lecture 21 Confidence & Competence Loop

Section 5: Give Them The Tools

Lecture 22 Tools & Mentality

Lecture 23 Have This Paycheck Conversation

Lecture 24 Money Breakdown - Basic

Lecture 25 Why This Basic Approach Works

Lecture 26 Money Breakdown - Advanced

Lecture 27 Why This Advanced Approach Works

Lecture 28 Tips for Success With These Tools

Section 6: Building a Healthy Relationship With Money

Lecture 29 Build The Foundation

Lecture 30 Let's Talk About Credit Cards Part 1

Lecture 31 Let's Talk About Credit Cards Part 2

Lecture 32 Money Is Never The Destination

Lecture 33 This Journey Doesn't End

Whether you are part of the vast majority of adults who have struggled with money yourself, or you have a strong grip on your finances, our kids need to be taught the tools, habits and mindset to have a healthy relationship with money.,If you have (or plan to have) kids, this course is for you.,By age 7, most money habits are set for kids. By age 3 they have a concept of money. It's never "too early" to start.