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ICR164: 10 Most Important Money Lessons For Your Kids

20/01/2017 Posted by Martin Bamford Podcast No Comments

 

I’m a parent to three wonderful children.

As all three grow up, we are very aware of the importance of teaching them about money.

There’s slightly more pressure on me to do a great job at this, as a parent and a Financial Planner!

In this episode of Informed Choice Radio, I share 10 important money lessons to teach your kids.

This covers budgeting, delayed gratification, making choices, and much more.

To get you started, click here for the comprehensive checklist of all 10 lessons and some valuable notes (it’s FREE!). Get my detailed checklist here!

Click here to download the free PDF

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Suggestions from Twitter

https://twitter.com/SoniaRothwell/status/821822259446816768
https://twitter.com/sarahecoles/status/821828716351410177
https://twitter.com/AmyLRowe/status/821845431357472770
https://twitter.com/davemcg38/status/821848815112245248
https://twitter.com/idecisionsfp/status/821997113554989056
https://twitter.com/Darren_Hughes/status/822000930849746945

Personal finance news update

-Tens of thousands of grandparents could be missing out on National Insurance credits worth £231 a year when they retire.

-House price inflation is on the rise, at 6.7% for the year to the end of November.

-Lenders have reported a growing number of borrowers who are facing difficulties repaying loans and overdrafts at the end of last year.

-Rich Kids of Instagram wannabes are taking advantage of credit and rented schemes to replicate lavish lifestyles portrayed on social media, according to new research.

-Over a third of Brits are worried about falling victim to fraud, according to new research.

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Aftershow links

–Confidently Speaking

–Jigsaw 10k

–Too Much of a Good Thing: How Four Key Survival Traits Are Now Killing Us by Lee Goldman

Get answers to your personal finance questions

Do you have a personal finance or investing question for Martin?

Email [email protected] or ask on Twitter @martinbamford.

You can call our dedicated podcast voicemail line on 020 8144 2745 with your question or visit www.icradio.co.uk/voicemail to leave an online voice message.

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About Martin Bamford

Your host for Informed Choice Radio is Martin Bamford, an award-winning Chartered Financial Planner and Fellow of the Personal Finance Society. Martin is Director of Client Education at Informed Choice and the author of several personal finance books including The Money Tree, Brilliant Investing and How to Retire 10 Years Early.

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