27d (edited) • General discussion
My kids and Money... some funny stories
I've been having a chat with a fellow mom on skool about her mom group and she asked about what my group is about and thought you guys might get a kick out of these stories from my kids and teaching about money...
🐴 Me: I just did up a little video as part of my financial education as Top 5 five ways to teach young people about money... hopefully help with 1 less stress for parents... I found when I started talking to my kids about money they didn't throw as MANY tantrums etc.. always some of course... but they have retained a bunch of it and as they are new adults they are way ahead of their peers in that regard.
🙍♀️Other mom: That’s brilliant! I love that you’re teaching kids about money early on — it’s such a powerful life skill. Kids are incredibly wise, and I don’t think we give them enough credit for how much they can learn through simple, honest conversations. Those moments of connection really help them understand the world and feel more capable.
That’s brilliant! I love that you’re teaching kids about money early on — it’s such a powerful life skill. Kids are incredibly wise, and I don’t think we give them enough credit for how much they can learn through simple, honest conversations. Those moments of connection really help them understand the world and feel more capable.
🐴 Me: thank you... it definitely helped them in many ways, I still have one who is fundamentally a saver vs the other being a spender but they both are far ahead in their money thinking etc. The "Parent store" was the best thing ever for my son. Those dang skylanders... brilliant marketing by the company... but wow... talk about targeting littles. I sure liked when they just watched videos that didn't have commercials either.
🙍♀️Other mom: Haha, I love that, Crystal! I have three, and they each handle money so differently. One saves everything but then wants us to buy what he wants so he doesn’t have to spend his own. One spends half. And one spends every last penny and then can’t figure out why she doesn’t have money left at the end of the day. 😅
It totally reminds me of when I was a kid — I was the saver, and my sister spent everything. I saved up for my own bike and was so proud of myself… until my sister threw a fit that she didn’t have one too. My parents couldn’t handle the meltdown and ended up buying her a bike as well. Worst lesson ever! 😂 It really stuck with me, though — it taught me the value of money and how important it is not to rescue kids from the natural consequences that help them grow. Funny enough, not much has changed for either of us as adults! 😆
🐴 Me: get this one... I JUST last year learnt how much my son paid to his sister in Interest in grade school. I had explained the concept of if you save your long term money every time it gets to, I think it was $50 at first, I would throw in a buck extra.... apparently her interest rates that she charged her brother were much higher! Too smart for her brother, 2 years YOUNGER though, if I had of known at the time she would have gotten a lesson about loansharking.. hahahaha. Had to use the Gif, she loved Finding Nemo.
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My kids and Money... some funny stories
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