Kids & Money with the Happy Saver

In this special Kids & Money summer series hosted by Sharesies co-founder Brooke Roberts, we tackle the often hard subject of ‘how to talk to your kids about money’. These conversations cover a range of topics from ways to keep kids (of various ages) interested, to lessons about investing that they can draw on throughout their life. Ultimately, we believe encouraging good habits with money from a young age will help create positive change in our community. In the first episode, Ruth Henderson, AKA The Happy Saver, shares some of the lessons from her own family. She gets into the detail about pocket money. Explains what sinking funds are, and why it’s important to be honest when it comes to your own finances. 01:40 Introduction and personal journey into investing 05:00 The simple path to wealth - JL Collins 06:34 Teaching financial literacy to the next generation 09:50 Practical money lessons for kids 12:30 Teaching a teenager about investing 17:46 The impact of consistent investing 19:40 Giving ownership and trusting Your child with money 20:49 Saving and freparing for future expenses 23:30 Sinking fund definition 26:11 Pocket money questions 29:00 Recommended games for financial education 30:12 Reading materials 33:50 Conclusion For more or to watch on youtube—check out http://linktr.ee/sharedlunch Brought to you by Sharesies, with BusinessDesk. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not financial advice. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Investing involves risk. You might lose the money you start with. Content is current at the time.See omnystudio.com/listener for privacy information.