As a parent, when’s the best time to have “the talk” with your kids?
We mean the “money talk.”
Is it once they're old enough to land their first job? Or should it be the moment they open up their first bank account? Maybe wait to talk money until they’re ready to make a big purchase - like a car or home?
New York Times bestselling author Beth Kobliner has a new book that can “Make Your Kid a Money Genius (Even If You’re Not).”
Her research includes simple, step-by-step tips on how to teach even pre-k and grade schoolers the art of being financially savvy - and it works.
Kobliner’s last book, “Get a Financial Life: Personal Finance in Your Twenties and Thirties” helped earn her a seat on former President Obama’s Advisory Council on Financial Capability for Young Americans, but she’s also passionate about helping the youngest of audiences get smart with money - she’s even brought her expertise to Elmo on Sesame Street.
Host Larry Mantle speaks to Kobliner about the latest book, with topics ranging from whether or not middle schoolers should get an allowance, why not to bail out your college kid from a hole of debt and more.