Even if your children aren’t set to receive an inheritance, they must be educated about money if you want to increase their chances of becoming a financially successful adult.
In this episode, I describe nine strategies parents can use to help kids understand how to get the most value out of their money.
Check out these nine strategies you can try today:
In this episode, you’ll also hear:
Must-listen moments:
[00:04:08] Kids are really starting to become aware of money at an early age and that carries through, so it's important that we start to think about things that we can do to help educate our kids about money.
[00:19:58] This idea of regular communication seems to be one of the really biggest keys of success in educating the next generation about finances.
[00:22:02] As our kids get older and we're at a different stage of our lives, the kids just might not remember what it was like when we struggled.
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Connect with Danette:
E-mail: Danette@TruNorthWealth.com
Phone: 775.364.0010
Follow Danette Lowe on LinkedIn:
https://www.linkedin.com/in/danette-lowe-cfp%C2%AE-9b7bb716/
Episode Mentioned: Ep 14-5 Key Considerations for Early Retirement https://link.chtbl.com/MPBh7jv6
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This podcast is for informational purposes only. The situations used herein do not constitute a recommendation as to the suitability of any investment for any person or persons having circumstances similar to those portrayed, and a financial advisor should be consulted for your specific situation. Neither Commonwealth Financial Network nor your representative provides tax advice.