In this episode, we dive deep into the essential steps and strategies for raising children who are financially responsible and equipped for their financial futures. Join Theresa and Robert as they explore practical tips, insightful advice, and engaging discussions centered around building a strong financial foundation for your children.
We discuss age-appropriate money lessons tailored to different developmental stages, from early childhood to the teenage years. We'll also explore how to encourage smart spending habits, foster an entrepreneurial mindset, and instill a sense of financial responsibility.
Tune in and empower your children to become financially savvy individuals who can make informed decisions, achieve their goals, and thrive in their financial lives.
Bob’s story
We all have an embarrassing story regarding money
Bad things happen. And more often, they happen when emotions dictate our choices. Many years ago, I had lunch with a wealthy friend I had not seen in a long time. I insisted that I treat him to lunch.
We had a fabulous meal at a fine dining establishment, and I paid for it with my credit card. To my dismay, the card was declined. When I provided a second card, to my embarrassment and shame, it was also declined. I had no other credit cards, and my friend ended up footing the whole bill. I couldn’t let that happen, so wrote a check to reimburse him for the cost. But guess what. My check bounced. Humiliating!
I know the shame of not having money at the right time, not being able to pay my bills on time, have food in the fridge, or enjoy a positive flow in my bank account. I have felt my stomach churn, my blood pressure rise, and the panicked feeling of humiliation, shame, and personal disgust at my inability to handle money.
It happened because I needed to apply sound financial concepts to my life. We all deal with financial issues and choices every day. Most of what we learned about money came from our family. How they thought and reacted to money choices shaped our thinking today.
But, have you ever stopped to consider that maybe they didn’t know what they were doing? Maybe you set unrealistic goals based on others’ ideas and mandates. If you are overwhelmed with credit card debt, can’t seem to save money, and feel hopeless and afraid just thinking about money-it is time for a change. Let’s conquer money shame and create a positive plan for long-term success.
You are not a failure. You are not unworthy. And you are not alone!
Through The Money Nerve’s concept of proactive intentions followed by thoughtful actions, you can build a life of abundance and walk toward the future with confidence and clarity.
Learn more from Bob at:https://themoneynerve.com/
About Theresa Inman
A wife and a mother to two children and grandmother, Theresa Alexander Inman is a Parenting Coach, Board Certified Behavior Analyst, and Infant Toddler Development Specialist. She was introduced to the field of behavior analysis in 2007 after working in many capacities in the juvenile justice system.
Her goal is to improve the lives of children and families by helping them strategize child develop skills to prevent or reduce the effects of possible delays while having fun!
Theresa is also an author, having published “How Can I Help My Child Communicate?” in 2022.
Connect with Theresa today!
- Instagram | Theresa Inman
- LinkedIn | Theresa Inman
- BabyBoomer.org | Theresa Inman
- YouTube | Parenting with Confidence
- Tiktok | Parenting Bytes
- Spotify via Anchor.fm | Parenting with Confidence
About Parenting with Confidence
Parenting with Confidence with Theresa Alexander Inman presents you with answers if you are a tired and frustrated parent with a child diagnosed with a developmental delay. We aim to lift you up from the pressure of doing it right and provide you with the resources to set you and your child up for success!
--- Send in a voice message: https://podcasters.spotify.com/pod/show/theresa-alexander-inman/message Support this podcast: https://podcasters.spotify.com/pod/show/theresa-alexander-inman/support