Almost half of the US would not be able to cover a $400 emergency.
Around 40% have credit card debt. And 1/3 of Americans have saved $0 for retirement.
If we want our kids to survive these financial trip hazards and truly thrive, we need to start their financial education early. Our guest today, Liz Frazier, is a leader in the financial literacy movement and she’s helping parents teach their young children about money as soon as possible.
Liz is a fee-only certified financial planner and the author of Beyond Piggy Banks and Lemonade Stands, How to Teach Young Kids About Finance. She is a regular contributor for Forbes and has been featured in national media such as The Wall Street Journal, PBS, CNBC, ABC and Fox Radio. Liz lives in New York with her husband and two young kids.
We’ll be discussing how to get started with educating your kids about money, how to help children determine needs versus wants and how to encourage them to be grateful and appreciate what they have.