47: How to Lay the Foundation for Your Child's Financial Success with Rella B

Today, we're diving into a topic that hits close to home for every parent – laying the foundation for your child's financial success. Now, who hasn't wondered about the best way to introduce the concept of money to our kids? It's a crucial skill that sets them up for a lifetime of financial well-being.

Our special guest today is Rella B, a Children's Book Author with a passion for educating young minds. She draws inspiration from her own childhood experiences and believes that regular conversations about money should be an integral part of a child's upbringing.

Now, here's the big question: How can you, as a parent, start laying the foundation for your child's financial success right now? Rella B provides practical tips, encouraging a hands-on approach. She stresses the importance of involving your kids in real-life financial decisions, from stock choices to budgeting for clothing.

But that's not all! In this episode, Rella B introduces the concept of earning allowance through online classes, adding a unique twist to financial education. Plus, she shares insights on managing bank accounts in an increasingly cashless world.

And for those eager to delve deeper into the world of financial education, check out Episode 11 with Tania Vasallo, focusing on helping kids cultivate a healthy relationship with money. We talk about how to help kids develop an abundance mindset, to be curious about money, and use their imagination to create sources of income even at a young age.

Connect with Rella B:
Website
Instagram
Youtube

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