Teaching Your Kids About Money with Ryan Roy

Apr 22, 2020

 

Welcome to The Catch Your Money Podcast Show!

Have you ever wondered what are some great ways to teach your kids about money so that they understand its value and learn to not repeat the same mistakes you may have made? So many parents struggle when it comes to helping their kids understand how to manage money and many avoid the topic altogether.

So on this episode, I’m very excited to have Ryan Roy author of Amazon bestseller, Be the Dad You Wish You Had join me to help me talk about how we can start this conversation with our kids about money and how to reinforce what we are teaching them through our own actions.

Here’s a sneak peek of the convo:

• [07:11] Ryan shares his very powerful story of how he came to focus on parenting especially helping fathers about being a powerful father.
• [017:05] Why you should never tell your kids NO and what to do instead.
• [24:46] Ryan talks about how by talking about money in the household has impacted his kids and how they participate in making wiser financial decisions.
• [29:50] Why telling your children what you want them to do instead of what you don’t want them to do is a powerful lesson for helping your kids how to make wise financial decisions.
• [35:58] Ryan’s advice for parents on a tight budget and how to help your kid(s) understand that some things cannot be purchased without upsetting them or you feeling guilty.
• [39:41] How to get you and the other parent on the same page when teaching kids about money.
• [42:40] Ryan shares a few tips for how to start teaching your toddler about money.

FREE MASTERCLASS: To sign up for the free masterclass, The Battle Plan for Your Best Financial Year Ever or the full show notes, along with resources mentioned in the episode, go to www.catchyourmoney.com/09

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