Standard Deviations with Dr. Daniel Crosby cover image

Morgan Housel - The Psychology of Money (Your Questions Answered)

Standard Deviations with Dr. Daniel Crosby

00:00

How Do You Teach Your Kids About Money?

Arvind asks, what do you teach your kids about money? And i'm going to be honest, man, this is just selfish, cause i feel like i'm doing it all wrong. I don't know if we've figureid out either, because our kids are younger than yours. Our three year oldis not at the age where money is even a thing. We have also been very inconsistent with allowances. It's really hard for me to teach life lessons to somebody when i have no clue who they're going to be ten years from now. Thats a really difficult thing to do. Maybe that's just my excuse for not having a strategy yet but it's very, it

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