Financially Fit Kidz. Dr. Philip McAdoo

Episode 218: Financial education is an important life lesson that all children can benefit from. By teaching kids about money early on, they can develop good financial habits that will serve them well throughout their lives. There are many ways to teach children about money, and the best way to do it depends on the child's age and level of understanding.

When I was a child, my parents didn’t have the tools to have conversations with my siblings and me about money and we didn’t receive some of those foundational financial skills that I needed later in life. In talking with clients, people and kids, I discovered there’s a lot lacking when it comes to financial literacy and financial education. It has been a mission of mine to normalize conversations around money and finances. And I believe “It’s never too early to empower kids to learn about money.”

I am so excited about this special edition of MYSA, as I have invited Dr. Philip McAdoo, my new friend and fellow co-author of our new children's book, Darius Wants a Dog. Philip and I talk about the challenges and rewards of adoption, his love of dogs, financial literacy for children and his experiences with his son Zaden. I invite you to listen to this powerful conversation.

Darius Wants a Dog is the perfect book to teach your children about money! This engaging book teaches young readers about Darius. Darius decides that he desperately needs to have a dog and quickly learns that wanting new things can also require time, money, being responsible, and sometimes, deciding it’s okay to change your mind! To learn more about Darius Wants a dog, visit: https://go2.money/kidz or grab a copy at your favorite online bookstore.