Teaching Your Teenager Financial Responsibility

Teaching Your Teenager Financial Responsibility

Raising Financial Freedom · 2021-12-20

#042 How do you help teens become financially literate and make smart money moves before they reach adulthood? You have to get on their level and understand how they think…

Meet Charla McKinley, a Certified Public Accountant (CPA) who homeschooled her kids and is now teaching teens about money. In this episode, Charla talks about how to teach your teenagers about financial literacy, using and saving money wisely, and how adulting really works. She sheds light on why kids need different types of financial literacy curriculums based on their age, as well as how each child can benefit from tailored lessons based on their personality. Plus, Charla shares tactics you can use to teach your kids about the reality of adulting, the value of money, and being prepared for the workforce.

“Experience is the best teacher. It’s just that… when I learned, I wasted tens of thousands of dollars… If they learn it when they’re teenagers and it’s fake money, then hopefully when it’s real money, by the time they’re in their 20s, they’re a lot more wise.” - Charla McKinley

Sadly, personal finance isn’t a topic commonly taught in American school systems, but as parents, we have the power to give our kids the financial literacy needed to have a successful, happy life. Listen in to learn how to provide your kids with practical lessons based on real life scenarios.

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Stay tuned for more episodes coming your way!


Links Mentioned:

Beyond Personal Finance: https://bpfclass.com/Linked In: https://www.linkedin.com/company/beyond-personal-financeFacebook: https://www.facebook.com/beyondpersonalfinanceInstagram: https://www.instagram.com/beyondpersonalfinance/

Raising Financial Freedom

A podcast show for parents who want their children to grow up financially smart or free. Eric Yard is the host and he's here to talk about old, present and future ways of managing and creating money for the young to learn so that parents can teach it to them.This can be instilled into to our children at a young age and carried with them until is time to leave the nest. Some of the topics like how to teach kids to use credit cards responsibly, how to teach your child about investing, ways to teach kids about money, how to teach your children about debt, and other tips that will help your child put their best foot forward in life. The show is a mix of interviews and solo shows from Eric that you will want to bring your pen and paper for. Hit subscribe if your ready to teach your child to be the best they can be financially!

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