Teach Your Kids About Money Through Mansa's Little Reminders

#028 A.D. Williams shares that he did not receive any financial education as a child, and this was part of the reason for the book. In contrast, Kendal Fordham did have a lot of financial education, particularly as a result of spending time with her father who initially was too busy, and had to intentionally make out time which he spent reading financial books to her.

Financial literacy is the foundation of a much larger issue; it needs to be in schools but the debate is usually on when to start. Kendal believes that financial education should start from Kindergarten; kids should learn the value of money as they learn to read and write. Williams adds to this the importance of also having these conversations in the home, such that the learning is now in two folds.

For complete show notes go to Raising Financial Freedom

-       "Fear of failure will never leave, you just have to continue to psych yourself out"

-       "The average American family does not have enough to cover 3 months of bills if they were to lose their jobs"

 In This Episode:

·         [01:39] Today's guests are A.D. Williams and Kendal Fordham, and the topic is their book "Mansa's Little Reminders".

·         [02:20] Growing up, what kind of lessons did you receive about money and financial literacy?

·         [04:00] What bothers you when you see the state of financial literacy today?

·         [05:09] What amazes you about your current knowledge on financial literacy which was absent while growing up?

·         [07:36] How do you feel about the school system trying to implement more of an entrepreneurial mindset?

·         [08:36] About the book, "Mansa's Little Reminders".

·         [12:03] Kendal shares what she passes on to her kids. 

·         [16:40] What challenges did you face creating this book?

·         [17:45] What is the one resource that you use when it comes to financial literacy?

·         [18:57] Among Saving, Budgeting, and Investing, which would you pick? 

·         [20:33] How do parents overcome the fear of talking about money with their children?

·         [21:33] What is the best piece of advice you can give to a parent who is just starting financial literacy at home?

·         [22:39] What would you say if you had to do it all over again?

·         [24:17] How to contact our guests.

Links Mentioned: