Kids and Money: Having the Money Talk | POF189

This is one “talk” we can’t avoid…The Money Talk! Things have changed so much about the way we interact with money (who even carries cash anymore!?). What is money anyway? Is it bitcoin, crypto currency or is money still money? What is inflation? What is Shrinkflation?We are talking about all things money so your kids can have a healthy understanding of what it is, and how to use it wisely. My guest Robin Taub, who is an expert on all things money, is breaking it down for us in the most non-boring way! We talk about what “financial literacy” is (the knowledge skills and confidence to make financial decisions at every stage of life) and how it’s the key to economic growth and prosperity and allows you to make sound financial decisions and grow your money, not be caught in too much debt.What impression do your kids have of your finances? Do they think that you have a bottomless pit of money somewhere? Do they get the impression you have no money? Is the topic taboo in your household?If you feel lost, you aren’t alone! Robin Taub is so knowledgeable on this topic and helps you to break it down into 5 main pillars that starts with “Earn” and is followed by save, spend, share, and invest.One thing that Robin said in this episode, is that you want to start talking about money when your kids are young, so they can make mistakes when the stakes are low. That really resonated with me.For Robin’s guide on “The Financial Role Model Self-Assessment”, you can download it from the Parent Toolbox.  www.parent-toolbox.comAbout Robin TaubA Chartered Professional Accountant by training, Robin Taub began her career at KPMG, transitioned into real estate, and then landed on the trading floor at Citibank Canada. Today, she’s a keynote speaker and the award-winning author of The Wisest Investment, Teaching Your Kids to Be Responsible, Independent and Money-Smart for Life. Robin puts her money where her mouth is and has raised two *mostly* money-smart kids.Social Media:Website: www.robintaub.comBook Site: www.thewisestinvestment.com (Book specific)LinkedIn: https://www.linkedin.com/in/robin-taub-cpa-ca-1a516528/Facebook: https://www.facebook.com/RobinTaubFinancialConsultingTwitter: https://twitter.com/robintaubInstagram: https://www.instagram.com/robin.taub/Thanks for listening! For more on Robbin, her work and free resources, keep reading! READY FOR YOUR FAMILY CHECK UP CALL? If you’re feeling burnt out by bad behavior, worn down from constant battles and bickering and you’ve struggled to get the cooperation, respect and obedience you want from your kids, I’ve been there too. It might be time to learn new tools (that you’ve never been taught) to help you get your kids to listen to you, build teamwork, and grow the harmony in your home. https://parentingforconnection.as.me/CheckupcallFREE GUIDE FOR PARENTS OF STRONG-WILLED KIDS: “How to Turn a NO into Cooperation” go to www.strongwilledkids.com It means so much to me that you listened to my podcast! If you resonate with my message and would like my personal help in your parenting journey, I’d love to talk to you. Please visit my website to book a call with me where we can talk about your parenting frustrations and I’ll share how I can help you. www.parentingforconnection.comThe intention for my show is to build a community of parents that can have open and honest conversations about parenting without judgement or criticism. We all deserve access to help and support when we need it most.  I honour each parent and their path towards becoming the best parent they can be. My hope is to inspire more parents to consider the practice of Peaceful Parenting.If you know somebody who would benefit from this message, or...