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The Stacking Benjamins Show
Talking All Things Kids and Money (SB1516)
May 10, 2024
Experts in kids and money, John Lanza, Maya Cobic, and Rob Phelan discuss finance education at home, teaching kids about money in the digital world, and tooth fairy trivia. Chapters cover parenting tips, investment strategies for kids, and transitioning to digital currency. Fun discussions on financial games, tooth fairy payouts, and early investing for children.
58:38
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Quick takeaways
- Fostering open money conversations with kids builds lifelong financial awareness.
- Introducing money games tailored to kids' personalities enhances financial understanding.
Deep dives
Importance of Teaching Kids About Money Early
Starting an open, honest conversation about money with kids at a young age is crucial. By engaging children early on in simple money concepts like transactions and denominations, parents can build a foundation for lifelong financial conversations. Purposeful allowances and targeted money experiences, like managing vacation funds, can help kids develop money personalities and learn valuable financial lessons.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode