The Wallet
How to teach your kids about the value of money, with Louise Hill
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Episode notes
💸 Children start to form their financial habits at the age of 7.
40% of people who didn’t receive financial education have no savings at all. People who did receive financial education as a child would be £70,000 richer in retirement.
If you have kids in your life, you’ve probably wondered when it’s appropriate to start teaching them about money. How young is too young? How do you make them understand the true value of what it is, and appreciate that it takes hard work to earn it?
In today’s episode, I speak to Louise Hill, founder of GoHenry, about teaching children about the value of money through taking charge of their finances at an early age.
The Wallet is hosted by Emilie Bellet - founder of Vestpod (a platform that helps women to save and invest more and provides money resources to financially empower women) and author of You’re Not Broke, You’re Pre-Rich.
Get your tickets to our very first Vestpod festival taking place on October 9th! Money Matters, in collaboration with The Financial Times, is a full day of inspiring money talks, workshops, and music at the NED in London. Tickets: vestpod.com/events Â
Vestpod:
IG https://www.instagram.com/vestpod/Â
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Website https://www.vestpod.com/Â Â
Sponsor: Our podcast partners PensionBee are also offering you a £25 pension contribution (£20, plus £5 in tax relief) when you sign up. To claim the offer, follow this link: https://www.pensionbee.com/vestpod. Capital at risk.
*We are not certified financial advisers. The information made available on this podcast is for educational purposes only and does not constitute financial advice.*
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