Teaching Financial Literacy to Your Kids is About More Than Budgeting and Spending; It's About Saving Too! Find Out More in This Episode!

The sooner kids learn about financial literacy the better. They have a greater chance of maintaining financial freedom and independence in their adult lives. But this goes beyond budgeting, spending, and knowing how credit works; it includes saving for short and long term goals.

So to find out more about what parents can do to educate their children on saving I talked with personal finance expert and podcaster Timothy Smith, who hosts "The Financial Dad" with his two daughters. He has some great ideas on how to start your kids out right with money.

In this episode you will learn:

• • How to educate your children on saving and investing
  • How to teach your children about taxes
  • About basic saving skills
  • How to choose a good long term investment
  • About red flags to look for in investment scams and get-rich-quick schemes

Links & Resources

• • Tim's E-Mail
  • Podcast Link
  • Socials
    • Instagram
    • Facebook

If you enjoyed this episode, you might also like:

• • Episode 97: Talking to Your Kids About Money
  • Episode 130: Teaching Your Kids About Money with Derrick Kinney
  • Episode 153: Starting Your Kids on the Path to Retirement

Podcast Reviews

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