How To Not Spoil Your Kids With Money (Ep. 78)

As your income grows, so does the temptation to make life easier for your kids. But giving them financial abundance without the foundation of good money habits can backfire leading to entitled attitudes or future money struggles. Christine Luken gets real about fostering financial responsibility, gratitude, and independence in your children even when you can afford to say “yes” more often than “no.”

Christine discusses:

• How to teach kids the mechanics of money without boring lectures.
• Why shared experiences matter more than pricey gadgets?
• Why money should not be used as a tool to control children’s choices?
• Financial activities you can involve your children or relatives in.
• How to strike a balance between providing financial support to your children and ensuring they develop financial independence.

Resources:

• 60-minute consultation with Christine to create your personalized plan of action to increase your kids’ financial knowledge and experience, book here: https://bit.ly/60minsCL
• If you’re interested in working with me 1:1, apply for Financial Dignity® Coaching here:
  https://www.christineluken.com/apply/
• Emma, The Emotional Money Coach: https://bit.ly/GetEmmaNow
  Use promo code podcast (no spaces, no caps) for a special listener discount!
• Wealthy Woman Book Club®
  https://www.christineluken.com/wealthy-woman-book-club-join-now/
• Money is Emotional: Prevent Your Heart From Hijacking Your Wallet book:
  https://www.christineluken.com/books/money-is-emotional-book/

Connect with Christine:

• Connect with Christine Luken for financial coaching:
• Emma, the Emotional Money Coach (Your ChatGPT AI coach): Use promo code podcast (no spaces, no caps) for a special listener discount!
• Join the Wealthy Woman Book Club:
• Money Mind(RE)set Hypnosis Library:
• Join the FREE Financial Dignity® Community: