16min chapter

So Money with Farnoosh Torabi cover image

1766: Best of So Money: Raising Money Smart Kids

So Money with Farnoosh Torabi

CHAPTER

Nurturing Young Money Minds

This chapter explores the crucial role of parents in teaching children money management skills, emphasizing the significance of early financial education. It introduces practical strategies to engage kids in understanding spending and saving through everyday experiences like shopping. The discussion also touches on the implementation of an allowance system to foster financial responsibility and collaboration between parents and children.

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