In this Mommy Millionaire Minute, Cayla shares her top three tips for teaching your children about money. We don’t want our kids to grow up with the same negative mindset about money, so we need to be intentional about how we develop their mindset and knowledge about their finances. Whether you have your own children or not, this information is vital to all the children in your life. Remember that it takes a village and that what you hear today could be the piece of the puzzle to help boost the confidence and knowledge in the kids you know. So listen on to find out Cayla’s outlook on raising children when it comes to money and how you can start this journey with your own.
You will learn:
[1:54] - Even if you don’t have your own kids, it takes a village to raise children. It’s important to teach the kids in your life.
[3:02] - Cayla’s kids live in one of the wealthiest cities in the world and are surrounded by wealth.
[4:01] - You must teach the wealth mindset to your kids.
[5:14] - Ask your kids ways to multiply their money.
[6:49] - Cayla financially rewards her kids to learn more.
[8:26] - All of our behavior is based on the reward.
[9:08] - The second thing Cayla teaches her kids about money is that God is their source.
[11:06] - Your spirit will live with you eternally.
[13:08] - It is important to teach your kids to be generous.
[14:54] - Money is something fun we can bless others with.
[15:31] - Be intentional with your conversations about money with your kids.