In our latest episode of Money Therapy, Bill Magill and Brandan Chasteen, CFP, dive into a thought-provoking discussion about the role of financial education in schools versus the home.
We explore a viral story of a teacher who has established a 'classroom economy' using Monopoly money in hopes of teaching kids all they need to know about money... and people love it! Well, everyone except Brandan.
While it's true that most schools lack comprehensive financial literacy programs, Brandan argues that this is not necessarily a problem. In fact, he goes as far as to suggest that financial education should not be taught in schools at all.
Instead, Brandan believes that financial education is a responsibility that starts at home. He emphasizes the importance of instilling financial values and principles within the family unit, where children can learn about money in the context of real-life experiences and family dynamics.
Throughout the episode, Brandan challenges parents to take ownership of their children's financial education and stop relying on schools to fill the gap. By teaching money management skills at a young age and integrating financial discussions into everyday life, parents can empower their children to develop a healthy relationship with money and set them on the path to financial success.
Join us as we explore the transformative power of family-centered financial education and discover practical strategies for raising financially savvy kids. Tune in to Money Therapy and learn how to lay the foundation for a lifetime of financial well-being!
Make sure you contact us if you are interested in our 1-week financial mastery webinar, “The Path to Wealth and Well-being: A 3-step journey to living the life you want.”
The course is offered monthly. We are happy to answer more questions for you. Feel free to email us or leave a comment!
If you have any financial topics or questions you'd like us to cover in a future episode, please email Brandan, and we'll do our best to deliver the content you're looking for. Your feedback is important to us! 💌📣
Feel free to email Brandan at bmc@harpethwealthpartners.com and learn more about Harpeth Wealth Partners on our WEBSITE 📧💼🌐
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Music by Ellyahna Chasteen
Edited and Produced by Ellyahna Chasteen
#FamilyFinance #FinancialEducation #MoneyMatters #MoneyTherapy