The Diary Of A CEO with Steven Bartlett cover image

Ramit Sethi: Never Split The Bill, It's A Red Flag & Renting Isn't Wasting Money!

The Diary Of A CEO with Steven Bartlett

NOTE

Talk About Money to Empower Your Kids

Parents often fail to speak openly about money, believing it's better to shield their children from financial discussions. This misconception can lead to misunderstandings about wealth, as demonstrated by a family earning a good income yet communicating scarcity to their child, resulting in unnecessary shame. To combat this, parents should actively involve their children in financial conversations, treating money as a teachable subject rather than a taboo. Showing children the financial processes and celebrating their involvement fosters a healthier relationship with money and prepares them for responsible financial decisions in the future.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner