I had a great interview last week with Tony Chen at SavvyDaddy.com about how he could appoach tough money questions from his own 4-year-old son.  (SavvyDaddy is a web community and great resource for dads wanting to make a difference in their kids’ lives.)  Here’s the link to the blog and the ten tips I shared with him to help talk to kids about money:

http://www.savvydaddy.com/content/moneyandkids

“Nudge” by Richard H. Thaler and Cass R. Sunstein is a book about how people make choices. (I apologize to the authors for the oversimplification of their work. This a great book and worth the trip to the library to check the book out and to take the time to read.) Continue reading

Wonder what kind of money manager your children will be? Look in the mirror. When it comes to money, you are your child’s most influential teacher. Continue reading

Last week, I appeared as a guest expert on the Dr. Phil show and the Money Savvy Pig piggy bank (the beloved 4-chambered piggy bank I invented to promote 4 money choices — Save, Spend, Donate & Invest) also made its debut. On the show, I shared some tips for parents to help start the “talk” about money basics with their children (young or old). So I thought I would share them here as well.

I hope these tips are helpful for you and your family too! Let me know if you can relate to this.