It is important to teach good money habits to children. After all, money habits are formed in children by the time they are only 7 years old, and children as young as 3 are able to grasp financial concepts like saving and spending. Personal finance isn't widely taught in school, so that responsibility is ultimately passed off to parents. If you aren't an expert in finance, how are you supposed to know how to teach your kids good money habits and where do you even begin? In this episode, Chase tackles this dilemma head on. He provides some good tips to use as your kids get older and includes a number of lessons you can implement at each age with your children. Enjoy!
Resources Mentioned:
Financial Calculators: https://www.investor.gov/
Virtual Stock Market Game:
-https://www.marketwatch.com/game
-https://www.stockmarketgame.org/
-https://www.howthemarketworks.com/
Pick up a copy of Chase's book here: https://www.amazon.com/dp/1082783188
