74 – How I Stopped Being My Kids' Human ATM (And Started Teaching Money Skills) Parenting Decoded podcast

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74 – How I Stopped Being My Kids' Human ATM (And Started Teaching Money Skills)

17d ago 6:26

MP3•Episode home

Transform your back-to-school shopping from a budget-busting headache to an opportunity for teaching financial responsibility. I share how I went from spending $100 per child on school supplies to $50 while teaching my kids valuable money lessons in the process.
• Set a firm budget before looking at supply lists and commit to not exceeding it
• Give kids their budget in actual cash so they can physically see their spending limits
• Let them keep whatever they don't spend as an incentive to make smart choices
• Apply the same system to clothes shopping to extend the financial learning
• Even reluctant shoppers benefit from learning how to make purchasing decisions
• Generic supplies work just as well as fancy ones for academic success
• Teaching budgeting and financial trade-offs provides lifelong skills
Email me at [email protected] or go to my website at www.parentingdecoded.com.
Have a blessed rest of your day!

Chapters

1. 74 – How I Stopped Being My Kids' Human ATM (And Started Teaching Money Skills) (00:00:00)

2. Welcome to Parenting Decoded (00:00:05)

3. Confession: Being the Helicopter Parent (00:00:42)

4. Three-Step Budget System Revealed (00:01:45)

5. Real Results and Lessons Learned (00:04:15)

6. Final Thoughts on Intentional Parenting (00:06:01)

74 episodes

#Parenting #Mary Eschen #Helicopter Parenting #Love And Logic #Toddler Tantrums #Consequences For Kids #Punishments For Kids #Anger Management For Parents