Episode Details
Back to EpisodesTeaching Kids Money Habits, Nashville Mom's Grief to Gratitude
Description
Tennessee kids face financial hardship, but experts suggest starting money lessons early, around age seven, to build lifelong habits. Parents can begin with just five dollars in a youth savings account. Financial pros like Jessie James from Redstone Federal Credit Union emphasize teaching kids the value of saving and planning ahead through gifts or allowances. Sharing both wins and past money mistakes helps children learn to avoid pitfalls and think responsibly. Setting savings goals, like saving one hundred dollars, then five hundred, and up to one thousand, is encouraged. Meanwhile, a Nashville mom named Cari Hollis turned grief into gratitude after her sons organ donation saved several lives.
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