In today’s episode, we’re diving into an unconventional but crucial topic—how to teach kids about money in a way that is fun, practical, and effective.
What You’ll Learn in This Episode:
- Why kids as young as five already have emotional reactions to money
- The biggest financial literacy gap in our education system
- How to teach kids about money through everyday experiences
- Age-appropriate money lessons, from piggy banks to investing
- Fun activities and real-life examples to make financial education exciting
- Why modeling good financial behavior is the most powerful tool
Key Takeaways & Strategies:
- Make it Real: Teach money through everyday moments such as shopping, paying bills, and vacation planning
- Start Early and Keep it Simple: Introduce money concepts based on age, including saving, budgeting, and investing
- Use Visuals: Try money jars, family savings boards, and progress charts
- Gamify Money Lessons: Play Monopoly, track stocks, and set allowance challenges
- Be Honest About Mistakes: Teach through your own financial wins and losses
- Give Them Control: Let them make financial decisions to build responsibility
- Model Good Financial Behavior: Kids copy what you do, not what you say
Connect with Mo Shouman:
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In the next episode, I’ll reveal how diversification could’ve saved tech professionals thousands, and why the biggest losses aren't always about money.
Plus, I’ll share what I learned from 2008, COVID, and now 2025. Don’t miss it.
Listen, learn, and start making smart financial choices today.
