episode: 95

Raising Money Smart Kids is the Wisest Investment

May 23, 2024

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Money Lessons to Teach Your Kids

Do you often think about the best way to teach your kids about money and responsible money habits? What are the best strategies to educate children about finances at different stages of their development? How can parents instill good money values and habits that will last a lifetime?

As parents, we all want to set our kids up for financial success. But how do you teach them about money in a way that sticks? In our latest episode, Keith and Marcelo speak with Robin Taub, CPA and author of “The Wisest Investment,” to get her expert advice on instilling money smarts from an early age.

Join us as we unpack the practical tips and exercises Robin outlines in her book, explore her personal experiences, and understand why financial literacy is essential for children. This episode is packed with insights for parents, grandparents, and mentors who are keen on making a lasting impact on their children’s financial future.

Thank you for tuning in!

The Values of Financial Education

Key Topics:

  • The Wisest Investment: Robin Taub’s book and its impact (1:04)
  • Financial struggles of parents and the importance of teaching kids about money (5:25)
  • Marcelo’s personal experience and how his financial journey shaped his views (15:00)
  • The role of values in financial education and how to instill them in children (25:30)
  • Using teachable moments to impart financial lessons to kids (27:21)
  • Robin’s background and journey into financial education (30:32)
  • Different approaches to allowances and tying them to chores (36:44)
  • How budgeting can be made fun and engaging for kids (40:06)
  • The importance of gratitude and giving in financial education (44:17)
  • Introducing kids to investing and the stock market (49:49)
  • Using board games to teach kids about money (48:33)
  • The impact of technology and mobile banking on financial education (54:53)
  • The significance of letting children make financial mistakes and learn from them (1:05:00)
  • The importance of financial literacy (1:10:45)

And so much more!

Mentioned in this Episode:

Meet your hosts

Keith Matthews

Keith Matthews

Partner & Portfolio Manager

Marcelo Taboada

Marcelo Taboada

Associate Portfolio Manager

Lawrence Greenberg

Lawrence Greenberg

Associate Portfolio Manager

Jackson Matthews

Jackson Matthews

Associate Portfolio Manager

Thanks for Listening!

Be sure to subscribe on AppleGoogleSpotify, or wherever you get your podcasts. And feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112 Follow Tulett, Matthews & Associates on social media on LinkedInFacebook, and more! Follow The Empowered Investor on FacebookLinkedIn, and Instagram

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