It’s never too early to teach your kids about money.
Through your words – and actions – you’ll play a vital role in the development of their financial habits.
Schools don’t teach personal finance – it’s up to you!
The Money Show’s Bruce Whitfield interviewed Warren Ingram, Financial Advisor at Galileo Capital.
Ingram spoke about how to raise a future millionaire.
Scroll down for quotes from the audio below.
Teaching your children about the link between work and money is incredibly important.
— Warren Ingram, Galileo Capital Financial Advisor
You can’t outsource the teaching of money skills.
— Warren Ingram, Galileo Capital Financial Advisor
If your child listens to money conversations from, say, the age of 10 – by the time she’s 20 she’ll be an expert.
— Warren Ingram, Galileo Capital Financial Advisor
Give your younger children pocket money each week.
— Warren Ingram, Galileo Capital Financial Advisor
Give them the opportunity to get extra money by doing chores.
— Warren Ingram, Galileo Capital Financial Advisor
Teach your children about the different kinds of debt and the real cost thereof.
— Warren Ingram, Galileo Capital Financial Advisor
This article first appeared on 702 : How to raise a future millionaire
