3466: Beyond The Allowance: Raising a Frugal Kid by Shannon McLay with Frugalwoods on Conscious Upbringing

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3466: Shannon McLay reveals how early parenting struggles became unexpected training for raising a financially confident child. Through daily consistency, open conversations, and real-world money decisions, she shows how financial lessons can be woven into everyday life, long before kids open their first bank account. Read along with the original article(s) here: https://www.frugalwoods.com/2014/10/16/beyond-the-allowance-raising-a-frugal-kid/ Quotes to ponder: "We cannot expect our children to understand money or make smart money choices if we only talk to them about it on holidays or every other weekend." "Make ‘money talks’ a central theme in your home and look for opportunities all the time to teach a new money lesson." "We have made it a habit in our home to continuously teach good money skills just as we made it a habit to teach good manners." Episode references: UGMA Account: https://www.investopedia.com/terms/u/ugma.asp Learn more about your ad choices. Visit megaphone.fm/adchoices