Mom Enough: A Parenting Podcast
Money Management for College Students: Tips for Parents & Young Adults
Do you have a young adult child who is heading off to college? Or even a high-schooler who is planning for college? Are you wondering what to do about money management as they prepare to go off on their own? It's never too early to start teaching money management techniques to support your child in getting a healthy start to their financial life.
Founder & President of Share Save Spend®, Nathan Dungan joins Marti & Erin for this essential conversation on money management for college students. Nathan discusses top priorities for helping college-bound young adults proactively and successfully management their finances. He also highlights important information about loans and credit cards, and has suggestion that parents can implement now to ensure their future (or current) college student has the knowledge they need to be smart with money.
WHAT STEPS WILL YOU TAKE TO HELP YOUR YOUNG ADULT DEVELOP A HEALTHY FINANCIAL LIFE?
What steps will you take to support your college-bound child in learning to budget? How can you ensure your child gets clear on needs versus wants? What will you do to model a healthy financial life for your children? When it comes to credit cards and loans, what will you be mindful of as you engage your young adult child in learning about this important aspect of financial life?
WANT TO LEARN MORE?
❉ MATERIALISTIC CHILDREN & TEENS: A WIN-WIN APPROACH TO REDUCE MATERIALISM. Did you know that being less materialistic is associated with greater happiness? Nathan Dungan builds on previous research in a new study that shows how a 3-part learning intervention reduced materialism and increased self-esteem for adolescents who participated. He joins Marti & Erin for a lively discussion about how to promote good values around money, how to give your kids choices and a voice in spending decisions even at a very young age, and how your children will benefit longterm from these practices. Marti & Erin are eager to try Nathan’s tips, and you will be too!
❉ ENGAGING KIDS IN FAMILY MONEY DECISIONS: AN INTERVIEW WITH NATHAN DUNGAN. Who is interested in shaping your child’s attitudes around money?” That is the first question posed by this Mom Enough children and money guest, Nathan Dungan. The answer to that question – and examples of how our culture lures our kids to spend, spend, spend – should make us all sit up and take notice! But we do not need to be powerless; from 5-minute family money meetings to teachable moments at the grocery store, restaurant or ATM, this Mom Enough episode is packed with ways to clarify your own values about money, instill those values in your children, and give your kids voice and choice in family money decisions.