Physician Family Financial Advisors
When should I start teaching my kids about money?

When should I start teaching my kids about money?

budgeting kids and money physician family Jul 13, 2021

Using the Physician Family Answer Line, Margie, a physician mom practicing in Texas, asks a common but difficult question about when to start talking about money with kids. Learn how to start the conversation as Ben and Nate offer real life examples of teachable moments you might see in your own household. Even better, we tell what NOT to do when teaching your kids about money. Listen in to avoid the big mistakes and gain some courage and insights about how you can lead your kids into the not so friendly financial world.

Questions about taxes, investing, extra money, retirement, college or raising kids with money?
Email us: [email protected]
Physician Family Answer Line: (503) 308-8733

[ 1:01 ] Why should we teach our kids about money?
[ 2:35 ] How will you know when your child is ready to start learning about money?
[ 5:18 ] Give your children small choices to make when they’re younger to understand bigger money choices as they age.
[ 9:54 ] Look for the teachable moments in life and then use that to frame choices for your child and allow them to live with the consequences of their choices.
[ 10:40 ] What are the things you should avoid when it comes to talking about money with your kids?
[ 15:02 ] What can parents do to teach their children about money day-to-day?

Copyright Physician Family Financial Advisors Inc. For educational purposes only, not an offer or recommendation of any specific security or investment strategy.

Smart Financial Advice for
Busy Physician Moms and Dads

Physician Family Financial Advisors Inc.
9450 SW Gemini Dr PMB 52736
Beaverton OR 97008-7105
[email protected]
(541) 463-0899

©2009-2024, Physician Family Financial Advisors Inc.

Be certain.™