Staying on Track

Raising Money-Savvy Kids: Practical Ways to Teach Children About Finances
What if your child could grasp the value of a dollar before they hit their teens? In this episode of Staying on Track, brought to you by DayMark Wealth Partners, Certified Financial Planners Jason Beischel and Justin Fitchko dive into one of the most important life skills we can pass on: financial literacy for kids. Whether you're a parent of toddlers or teenagers, this episode will arm you with smart, age-appropriate ways to teach your children about money—without the lectures or eye-rolls.
Here’s what we cover in this insightful episode:
- Building Early Financial Habits: Tools and tips like the “Spend-Save-Give” bucket method, allowance apps, and paying “interest” to incentivize saving.
- Making Money Lessons Fun and Engaging: From Monopoly to the Cash Flow game, discover playful and natural ways to introduce money concepts through everyday life.
- Fostering Independence and Responsibility: Learn how to encourage smart decision-making, delayed gratification, and entrepreneurial thinking from a young age.
Why this episode matters:
This isn’t just a conversation—it’s a toolbox. You’ll walk away with actionable ideas that can help instill lifelong financial habits in your kids, encourage independence, and spark their interest in managing money wisely. Whether you're struggling with impulse spending at Target or want your child to understand investing basics, this episode is packed with tips to help.