
The Prosperity Podcast
Helping Adult Children with Finances - Episode 574
Jul 2, 2024
Financial expert Kim Butler provides valuable insights on coaching adult children in money matters, from savings and insurance to smart investments. Learn how to guide young adults to financial independence and raise financially savvy individuals.
19:13
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Quick takeaways
- Instill financial discipline in children from a young age to develop crucial skills for adulthood.
- Make financial conversations with adult children fun and interactive to spark interest and facilitate productive discussions.
Deep dives
Setting the Foundation for Financial Literacy from Early Age
Instilling financial discipline in children should start as early as six to 12 months old. By introducing money concepts and discipline at a young age, children can develop valuable skills that will benefit them in adulthood. Encouraging fun and engaging conversations about finances with adult children can create interest and understanding, especially around the complexities of things like taxes and paychecks.
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