How Single Moms Can Teach Their Kids Financial Literacy
Manage episode 213515385 series 2182755
Do you believe that you are unqualified to teach your children about financial literacy?
Are you worried that your children won't learn critical money management skills?
Did you know that most schools don't require a class on money management?
It is so essential that you learn ways to teach your children financial management. You cannot rely on the schools to teach financial literacy. Therefore, teaching financial literacy must be done at home. One thing I always say is that you want your children to manage their money properly because of you and not in spite of you.
In this podcast episode, I'm joined by Tasha Danielle, CPA of Financial Garden, a youth financial literacy company, to talk about how single moms can teach their children about financial literacy. In this episode we discuss:
- Why it is so important that single moms teach their children about money management (even if you don't know about financial literacy yourself)
- The lessons you consciously or subconsciously teach your children
- Easy ways to integrate educating your children about financial literacy into your daily life
- How to involve your children in the household discussions about money
- The one thing that you should never say to your children about money
- And much more
After listening to this episode you will feel more confident and be better equipped to have money conversations with your children.
Additional Resources
As an additional resource for you on your financial journey, check out this FREE grocery reduction challenge to help you to cut your grocery and takeout bill so you can have more money to start investing today! Click here to join the challenge to Reduce Your Grocery Spending in 30-Days! Take the free challenge now!
When you teach your children about financial literacy, be sure to also include conversations about investing. If you are considering investing, check out Ellevest. Ellevest is a DIY online investing service created for women investors to help to close the gender investment gap. Ellevest helps you identify your goals, and then creates a personalized investment plan to show you how investing can help you reach them. Set up takes less than 10 minutes! Click HERE to get started so you can move towards achieving your financial goals.
About Tasha
Tasha Danielle, CPA, founded Financial Garden during her journey of eliminating nearly $80k of debt before the age of 30. Tasha's grandmother taught her about finances at an early age and this influenced her to be a financially responsible millennial. However, it became apparent that not all of her peers were exposed to money lessons at a young age and most of them struggled financially. After working with youth for several years, she realized their lack of financial literacy. Tasha decided to plant seeds of financial literacy at every age by formally founding Financial Garden in 2014.
Tasha has nearly a decade of corporate finance and accounting experience with Fortune 100 and 500 companies. She has also authored "Amina's Bracelets: A Kidpreneur Story" to plant the seed of entrepreneurship in young children. The book is available on Amazon!
About Aisha
Aisha Taylor is a single mom of twins, personal financial coach, work from home entrepreneur, and #1 Amazon Best Selling Author of the book “5+5 FNPhenomenal Ways to Save $100 This Week Without Killing Your Lifestyle.” Aisha has been featured in ESSENCE, Jet Magazine, and Black Enterprise. She is also the Founder of FNPhenomenal (Frugal –n- Phenomenal), a movement designed to help single moms create a vision for their lives, craft a financial strategy to support that vision, and show them that phenomenal living is possible. It’s time for you to be Financially Phenomenal!
Instagram/Twitter/Pinterest: @FNPhenomenal
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