You would not necessarily think of financial literacy as something a child should know, yet my guest today shares the importance of learning about finances early so we can have money smart children.
What We Talked About
- How Anthony’s extensive knowledge in financial planning has influenced his parenting
- Introducing financial concepts to children in an engaging and age-appropriate manner
- The do’s and don’ts of implementing allowances
- Developing healthy financial habits early on
- Making the complexity of financial literacy simple
- The impact emotions have on financial decisions
Things to Remember
“Parenting is trying to get a sense of how best we can relate to our children.”
“It’s hard enough to figure out your own situation, but when you start to incorporate a spouse and children into the mix, it makes the planning process a lot more fun, but also a lot more complex.”
“You can have two children and you can raise them the exact same way and they can become totally different individuals.”
“When children receive the money, it’s very important that they maintain some sense of ownership in terms of how it’s distributed.”
“Fear of judgment is the number one thing that prevents people from achieving success.”
“The best part about being a child is you can fail in a safe environment.”
“When a child does fail, we want to give them the opportunity to do it, but we need to be extremely mindful of how we react to their failure.”
“Emotion and money do not go well together.”
“Do not introduce certain concepts that your children may not be emotionally prepared to absorb or relate to.”
“As a parent, make sure that you’re mindful of how you react.”
“It’s not so much what we tell our children. It’s what we show them.”
― Anthony Delauney
Let’s Continue the conversation…
Now, Anthony and I want to hear from you!
How can you teach your child to be financially smart? Listen in as my guest, Anthony Delauney, shares his essential advice.
Remember, The Art of Parenting was created for you. If you have any suggestions for experts, I should have on the show or parenting questions you want to be answered. Please let me know here.
More About My Guest
Anthony Delauney is a financial Dadvisor and the founder of Owning the Dash, LLC, an organization dedicated to promoting childhood financial literacy and family financial freedom.
Delauney has written a series of award-winning children’s picture books that each teach fundamental lessons about money. He has also authored two financial self-help books geared toward helping young couples start their financial journey and helping older couples prepare for retirement.
The Wall Street Journal recognized his 2022 self-help book, The No-Regrets Retirement Roadmap, as a 2022 Best Book About Aging and Retirement.
Anthony has worked in the financial services industry for over two decades. He has acquired the professional certifications of Certified Financial Planner(TM) practitioner, Chartered Financial Consultant®, Chartered Retirement Planning Counselor(SM), Retirement Income Certified Professional®, and Behavioral Financial Advisor(TM).
- Website: Owning The Dash
- Facebook: Owning The Dash
- Instagram: @anthony.delauney
- Pinterest: Anthony Delauney
- LinkedIn: Anthony Delauney
Show Sponsor
Learn how you can set your child on the path to complete health at Raising Healthier Kids: Integrative Approaches to Children’s Health & Wellness from August 5-11, 2024.
