If your kid has something they want to save up for, help them figure out a plan for reaching their goal. She suggests to start by talking about saving. ![]() McCoy told us to remember that talking about money can get tied up with our thoughts on self-worth, but it doesn’t have to be so complicated. Her research found that kids whose parents talked to them about money were better at money management in the future. If your kid has a real tough question, you can research the answer together ( or send it to Million Bazillion if you’re stumped).įinancial therapist Megan McCoy gave us a lot of help with this episode. Remember you can always start the conversation with “What do you want to know about money?”. If you’re ready to start talking about money at home, this sheet (PDF) has some great conversation starters.
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