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Round Table | Who Should Be Teaching Personal Finance to Our Kids?
Teaching kids about money is an uncommon practice in most households. Because of this, a lot of kids have a distorted view of money and its role in our lives. So who do you expect to teach your kids about money? As parents, it is your responsibility to educate your kids and prepare them to have a healthy relationship with money. Start early using practical activities and setting a good example for them to follow later. Discussing financial decisions with your kids paves the way for them to learn how to make wise financial decisions of their own.
Today, Russ, Joey, and the Dream Team of Financial Freedom Coaches talk about three key areas:
What's your perspective on teaching personal finance to your kids?
Why wouldn't you want to let left-leaning institutions teach your kids about money?
What practical activities can you do to help your kids understand personal finance?
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02:43 - What's the big takeaway from this podcast that someone will get, and why is this so important for them to learn right now?
06:21 - Why is it important for us to cover this topic?
12:51 - Why do we not want left-leaning institutions teaching our kids about money?
15:26 - Do you want to share your epiphany on this subject?
23:11 - What's your perspective on this topic?
28:28 - What are some practical activities we have done and are doing with our kids to help them better understand personal finance?
31:09 - What's an activity that you've been able to do that has been able to help teach your son more about personal finance?
39:17 - What are your final thoughts?
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