Episode 43: Teaching kids (& parents!) about money Part - 2

This episode is the second part of Teaching Kids About Money with my guest, Alpha Schulte. Are you looking for ways to teach your children about money in an engaging and positive way? Have you heard of the Jam Jar method, which uses jars to divide money into spending, saving, and giving categories? How does this visual and tactile approach help children understand budgeting and set financial goals?

Have you ever thought about turning everyday experiences into valuable money lessons for your children? What can they learn from running a market stall, calculating prices, and giving change? Can holidays provide opportunities for children to manage their own budgets and make thoughtful choices?

In a world that’s increasingly moving towards cashless transactions, how can we ensure children still grasp the concept of money? What creative tools can we use to adapt to this digital age? How do digital wallets and banking apps come into play, and why is it important to teach online financial safety?

Are our own beliefs about money influencing how we teach our children about finances? How can reflecting on these beliefs help foster a healthier financial mindset in our children? And why is it essential to balance financial education with finding joy in simplicity?

Join us as we explore the answers to all these questions, and discover how we can make financial education more enjoyable and meaningful for our children.

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Guest Details-

Website - https://www.money-madesimple.com.au/alphaschulte
Instagram - @alphamoneymadesimple
Facebook - https://www.facebook.com/MMSMoneyMadeSimple