11 Money Rules for Kids - Episode 491
The Prosperity Podcast · Kim Butler, Spencer Shaw
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Show Notes
Should children learn the value of money as early as they can? How can you teach kids to prioritize their needs over their wants, like picking the needs for new clothes rather than wanting a new toy?
For this episode, Spencer Shaw and Kim Butler discuss the importance of teaching delayed gratification and saving money to kids. They talk about the benefits of having an abundant mindset when it comes to money at a young age. Spencer and Kim also reiterate the importance of investing and how it can create more wealth than saving money.
Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today!
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Links and Resources from this Episode
- For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/
- https://twitter.com/rajatsonifnance/status/1586350049130414082?s=46&t=pkw-nA-BuCYCFAn1QBuYZQ Show Notes
- What are the 11 money rules for kids?
- The benefits of teaching kids to prioritize needs over wants
- Practicing delayed gratification
- Giving back and counting your blessings
- Are mistakes good?
- Which has more impact: Saving or investing?
- The ten ways to build wealth
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