Yes, there may be an “app for that” – but there isn’t an app that can replace YOU in your child’s education about money.

The apps that are available today give you a place to start – some structure. But the stuff that will make your child succeed with money comes from you.

Your money values?  Not in the App.

Your money stories about your money mistakes and money successes?  Again, not in the App.

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It is better to teach kids how to do something themselves than to just do it for them.   Now, I did not say “easier” 😉 , I said “better” – in the long run.

You may have heard the proverb: “ If you give a man a fish, he eats for a day; If you teach a man to fish, he eats for a lifetime.”

In this podcast I spell out why it is so important to teach your kids how to get what they want or need – not to “give” your kids what they want or need – all the time.  Delayed gratification is a learned behavior – it’s not instinctual (unfortunately).  So taking the steps in this podcast to help them learn how to earn will empower them.

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If you have a teen or teens in your home, have you been asked by them for a car?  Have you heard from them that everybody else’s parents are buying their kids a vehicle?

Listen first to our podcast on how to have the “car discussion” before you sit down and talk with your kids.

The purchase of a first car is an incredible learning opportunity for the whole family.  Next to a house, a car is likely to be the largest purchase they will make.  So here are some tips to teach them how to make that purchase wisely.

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I have often said that allowance is the gateway to budgeting.  Allowance gives the child in your life directions – how to make choices, how to set goals, how to delay gratification and so on.  All good things.  Budgeting is then the next level up in financial empowerment.

Budgeting allows you to live your best life – maybe just not all at once – but over time.  In this “A Seat at the Kids Table” podcast segment, I offer some steps that can help make budgeting fun vs. a “chore” for kids.

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