Teach your Kids about Money: How Kids Can Work, Earn, Give, Save, and Spend
Work Pants Finance
English - June 16, 2021 08:00 - 13 minutes - 9.39 MB - ★★★★★ - 28 ratingsCareers Business Entrepreneurship lifeplanning personalfinance business careers entrepreneurship financialplanning investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The topic of kids and money is a key part of your life plan, let alone your financial plan. Teaching children to work, earn, give, save, and spend will give them dignity, agency, learning, and experience. It will make them more helpful to you, and more interesting to other adults they meet – including prospective employers and clients!
You start with your beliefs about work and money: What are your presuppositions?
You’ll need a philosophy for money: Feel free to adopt mine: We work to earn, so we can give generously, save largely, and spend wisely.
You’ll need to teach your children that work is needed, and how to do it. This creates a time-cost now, but the pot of gold is just over the horizon – and it’s really there. One day when you are doing something for your work or business only you can do, when you’re going on a run in the park, or taking your wife on a date while your child is mowing the lawn or vacuuming the living room, you’ll be so glad you made the time-investment of time up front.
For more information, visit the show notes at https://Workpantsfinance.com/29