Ep 7: How to Teach Your Kids About Money
The Retirement Show: Your Life, Your Money with Scott Sierens
English - June 03, 2021 09:00 - 18 minutes - 17.1 MB - ★★★★★ - 3 ratingsInvesting Business Careers 401k chicago ira pension retire elgin financialplanning healthcare illinois retirement Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Ep 6: Three Traits of Money in Financial Planning
Next Episode: Ep 8: Why It's Getting Harder to Save for Retirement
Should parents involve children in finances? Are there different rules for younger children versus older children? We’ll explain what considerations when it comes to sharing with your kids.
Read more and get additional financial resources here: https://lifemoneyshow.com/podcast/ep-7-how-to-teach-your-kids-about-money/464/
What we discuss on this episode here:
3:29 – Should kids be involved with money?
4:25 – Older kids
7:45 – Make children aware of your financial picture
11:50 – Transparency
13:01 – Scott’s parents
14:15 – Clients’ kids
15:24 – Opening lines of communication