Parents should talk to kids about money and finances much earlier than most do. Schools don't teach money skills, and early conversations help children understand reality, prepare for real decisions, and strengthen family bonds.
Chapters
What kinds of conversations do you believe families should be having before life forces them to have?
I think families can be speaking about, should be speaking about finance to their children much younger than what they typically do. Especially how else are kids gonna learn? Any family that can be recognizing that, you know, this is not being morbid, it's just speaking about reality and truth and saying, Let's figure out as— and it can also be incredibly cohesive to a family to realize, look, like we are here working together and trying to protect our, you know, protect ourselves, protect our livelihood, and start having the conversations earlier. Get them involved, you know, give them the financial education they're not going to get in schools. You know, they will surprise you in a lot of cases. They will surprise you.