Money Here and Money There, Teaching Money Everywhere

Episode #007

Money Here and Money There, Teaching Money Everywhere
Guest: Dr. Melody Bell, Founder and CEO of Financial Beginnings

How early is too early to teach financial literacy to children? Based on the discussion with Dr. Melody Bell, it’s hard to start too early. From teaching by example and demonstrating healthy money management behaviors to using tips and tricks to encouraging smart and responsible financial habits with young children and teens, listen in as host Todd Christensen and Financial Beginning’s founder Dr. Melody Bell address different approaches and venues for helping children learn about money.

1. Approaches to when and how to start talking to young children about money 2. Spending parent’s money versus spending their own money 3. Starting early and starting fun and how to bring in family money activities 4. The challenges of teaching with digital money rather than cash 5. Ideas for encouraging savings and savvy shopping 6. State educational standards and classes in the classroom and schools 7. Opening bank accounts for young children

Links mentioned in the show:

Financial Beginnings (Dr. Melody Bell)

Jumpstart Personal Finance Standards

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