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Training Kids for Financial Independence, with Linda Manuel
Manage episode 376244234 series 2612514
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Linda Manuel shares a lifetime of wisdom gleaned from hard work, thrifty parents, personal responsibility, and the challenge of independence. She tells us why being over generous with children (as well as helping them out of all their troubles) is unwise and unproductive. She explains that being good at a job, getting up on time, meeting your responsibilities, and personal autonomy are all fostered very early on… and tells us how she did it!
Abraham's Wallet exists to inspire and equip Biblical family leaders. Please partner with us in inspiring and equipping multi-gen families at https://abrahamswallet.com/donate/
About Abraham's Wallet:
AW website: https://abrahamswallet.com/2017/11/27/what-is-abrahams-wallet/
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This Week's Episode Rundown:
0:00 introduction
3:15 Don’t Over-Give to Children
7:50 The Value of a Dollar
9:18 Financial Training for Children
18:55 Cash to kids?
21:43 How did your kids turn out?
24:50 Teaching Independence
33:48 AW update
37:45 Don’t bail your kids out!
45:00 Money training leads to so much more
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