Teaching Kids Healthy Money Habits Early
Children form beliefs about money long before they fully understand it. In this episode, Dr. Nicholas Michels explores how financial attitudes are shaped through emotion, behavior and family culture, often taking root by the age of seven and carrying into adulthood.
Together, they unpack why many parents feel unequipped to teach money, how childhood tension around finances influences adult habits, and how intentional modeling can break generational cycles. You will learn practical strategies such as using allowances, games and real-life financial decisions to build confidence and responsibility in your children.
This conversation offers a thoughtful, actionable approach to helping kids develop a healthy relationship with money, grounded in openness, clarity and long-term values.
