How Your Money Wisdom Plants the Seeds for a More Prosperous Future

What if you could give any child in your life a brighter financial future without spending a single penny?

What if it only took the right words?

Believe it or not, that IS possible.

Talking to children about money now can pay off in a big way later.

And that’s true for “children” of any age — from kiddos in elementary school to adult children who have kids of their own.¹

Why?

Because talking about money is a way of sharing what you know about it.

And these talks can help children understand how money works and what can come up when it’s time to spend money — or earn it, invest it, or save it.

Yet, those talks aren’t happening as often as they could be.²

That’s true despite the fact that most folks say parents should teach their kids about finance.²

In fact, when it comes down to it, most parents rarely discuss money with their kids. And many folks say they never talk money with their children.²

Maybe that’s why most Millennials and Gen Z-ers turn to social media for advice about money.³

But they won’t find YOUR money wisdom there.

It’s easy enough to start a meaningful conversation about finance and share what you know if you know where to begin.

So, here are some simple, thought-provoking conversation starters to use with anyone age 8 and older.

If you have these in your back pocket — ready to go — you can easily kickstart a talk about money the next time you have the chance. And you could end up sharing some enlightening pearls of money wisdom in the process.

7 Inspired Ways to Start Talking About Money & Keep the Conversation Going

#1: Saving money has allowed me to…

What have you accomplished because you’ve been able to save money?

What challenges did you face along the way and how did you overcome them?

Saving up for a life-changing purchase can be just one answer here, but it’s not the only one. Retiring early or being able to give more to charity are also wins that can come from successful saving. Sharing these accomplishments can inspire younger generations to stay on track with their own savings goals.

#2: When I’m deciding whether to buy something or save the money, I…

What do you consider and weigh out when you’re not sure whether to buy or save?

Who do you talk to and how much time do you give yourself to make the decision?

Everyone’s different, so explaining how you make these decisions can help others figure out new ways to handle them. That can be especially true when it comes to high-stake purchases and challenging money choices.

#3: If someone asks to borrow money from me, I…

What’s your go-to reaction when someone hits you up for a sizable loan? And what have you learned from lending out money in the past?

What factors sway or dissuade you from lending your hard-earned money?

Whether it’s family, friends, or business, lending money can be tricky. And you may have more insights to share than you realize from your past experiences — good and bad.