#134 If We Are Not Talking To Our Children About Money, Who Is?

Welcome to the latest episode of Let’s Talk Money and More Podcast with your host Lesley Thomas. In this episode, Lesley discussed the importance of talking to our children about money and financial literacy. She highlighted the detrimental effects of avoiding these conversations and the alarming statistics about teenagers' outlook on their financial futures. She emphasised the need to teach financial literacy and success mindset to empower our young people for a brighter, more hopeful future. Join the conversation and support our mission to bring financial education to schools. Let's create a generation that is confident and wise about money.

Key Takeaways

Reframe Conversations: Instead of saying "we can't afford that," focus on priorities or planning. Empower children to consider possibilities and the value of saving for their goals.

Positive Money Mindset: Discuss the positive aspects of money, such as opportunities for helping others, fulfilling dreams, and securing a comfortable life, rather than portraying money as the root of all evil.

Empowerment Through Education: Encouraging age-appropriate discussions about budgeting, saving, and the value of money can prepare children for their future and break the cycle of financial insecurity.

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