The main reason I started Freedom Sprout was to change the course of history… when it comes to kids and money. That’s exactly what we’re going to do with FLY.
Oxford’s Dictionary of Finance and Banking isn’t the best birthday present for a toddler, but you can incorporate a few important finance terms at a young age. Let’s look at some of the most important terms.
“Money doesn’t grow on trees” is a common saying, dating back to the 1800s. We all understand the meaning as, “you don’t just get money without working for it,” and we use it to teach this to our kids. The only issue is, this phrase doesn’t explain where money comes from, it only explains where it doesn’t come from.
I created this list of things our kids absolutely must know before moving out on their own. We can implement many of these ideas during teachable moments throughout the day. We can implement the more complex ideas by sitting down and having a conversation with our kids.
Have you ever told your kids about needs and wants? When our kids ask for something, we like to distinguish the difference. I think they get it, but that doesn’t always change what they want.
I’m ecstatic to announce my new book! It’s the ultimate guide to everything I’ve been teaching at Freedom Sprout over the last few years. I’ve finally compiled everything into one book: all of the concepts on teaching kids about money and instilling a healthy mindset.