Description

In this episode of Legacy Wealth Builder, we discuss ways that can be helpful in sparking a conversation with your children about money. Talking about money values to your children can be a bit terrifying, especially when you don't know where to start. The best advice I have to give parents is to create a narrative in order for your children to better comprehend the scenario, and paint a picture in their mind so that it can be remembered.



Here's are the questions I reference to in today's podcast. Ask yourself these questions first, then relay them to your kids when you get the opportunity to talk to them about money:

1. What is one or two money memories you can remember as a child? 
2. What did you learn from your mother about money? 
3. What did you learn from your father about money? 
4. How did these parental messages affect you growing up, and were they helpful? Why or why not? 
5. What are some of your family stories about money when your immediate and extended family gets together? 
6. What did you admire about your parents regarding what they did with their money?
   

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