How to teach your kids and grandkids about money. [Episode 11]

Have you taught your kids or grandkids about money? It’s so important to understand money and be comfortable managing your money. Once you understand it, it’s time to teach your children and grandchildren how to handle their money in smart ways, as well.

 

This episode reveals the importance of having a strong familiarity with money and why it is so critical to grasp. Jim goes through the top seven things to help you teach your kids and grandkids how to manage, save, and comprehend money.

 

Jim discusses the value of money. He explains how this can be taught and why it can be beneficial for children to recognize money’s value. He offers simple tips that are easy to follow and helpful to know for kids at any age.

 

Jim’s suggestions go beyond just understanding money. He explains not only how these steps help kids learn about money, but also how they allow them to learn other helpful skills, as well. Jim shares how he teaches his children about money and explains why he believes these lessons are so essential to teach your own children or grandchildren.

 

Teaching children about money can be challenging. However, the key is to keep the conversation going. The lessons about money learned at an early age are things kids will carry with them forever and will become inherent skills later in life.

 

 

Relevant Links:

Retirement Planning Guy

Plan Well Retire Happy