S8 E05: Preparing the next generation

Where are your kids learning about money? In a changing financial landscape, how do we help our children manage their money in a world where cash is no longer king?

We discuss how parents can manage these obstacles and pass good financial sense onto the next generation.

In this episode, Hector Crespo, CEO at Mydoh, discusses the importance of financial conversations with kids and how they can help build a solid foundation for their future. Discover effective ways to teach kids about money management, saving, and the value of responsible financial decision-making.

Key takeaways:

• Learn how to have the money talk with your kids – and when
• Unpack your own relationship with money and learn how that’s projected on to your kids
• Learn how to discuss nontraditional financial sources with your kids as well as merging their passions with their work

Additional Resources:

• Mydoh
• Mydoh - Money Talks Blog
• Mydoh - Financial Literacy Tools
• Request a CPA Canada Financial Literacy Session - How to teach your kids about money
• Mastering Money Podcast - S5 E01 - How to talk to your teens.
• Raising Money-Smart Kids: How to teach your kids about money

Download transcript

This season is proudly brought to you by Pivot Magazine.

The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information.