Finance & Fury Podcast
Why is talking to your kids and family members about money so important?
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:12:50
- Mas informaciones
Informações:
Sinopsis
Why? – nobody else will help to confer information and thus Teach them about value of money – Kids don’t understand value of not just money as a medium of exchange – but that their time has valued attached to it – I don’t think some adults know that either At the very basis level – Doesn’t matter on which child psychology you read (Piaget, Freud, Erikson) – all have the understanding that children are egocentric – the world revolves around them – dues to brain development and availability heuristics What about me? Constant question from kids – or variation – when are we going to be there, or the why game Isn’t a bad thing – shows curiosity that can be lost if no nurtured But when it comes to money and value of items, monetary system – Prime directive (StarTrack) shouldn’t be to worship money – but to understand value of what it can be exchanged for This doesn’t just apply to kids – value is very important – not the price Value is the very basis of every investment as well – would you pay $100 for somethi