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	Podcast:		The Ultimate FD Podcast
	Episode:		MAGIC MOMENTS: From Tooth Fairy to Tycoon: Teaching Kids Financial Mastery
	Category:		Business
	Duration:		00:10:36
	Publish Date:		2025-03-19 08:30:00
	Description:		Welcome to Episode 28 of Magic Moments! ✨ This week’s episode is taken from an amazing conversation with Julie Talbot. Julie is a powerhouse - entrepreneur, author, speaker, and she's been crushing it in the personal development space since she was super young. Her approach completely flips traditional financial education on its head. We dive deep into how we can better teach kids about money, and Julie had some really eye-opening perspectives that challenged even my own thinking: ➡️ Stop paying kids for basic chores - instead, Julie suggests teaching them to earn by creating actual value or producing content that matters ➡️ She shared this brilliant story about using "tooth fairy money" as a first investing lesson (I'm definitely trying this with my kids!) ➡️ The Spend/Save/Give jars concept - such a simple visual tool but so effective for teaching money management ➡️ Getting kids involved in household financial conversations to build their negotiation muscles Julie emphasises building a wealth mindset from an early age. We're not just teaching kids about money - we're setting them up with fundamental skills they'll use their entire lives. I walked away from this conversation with so many new ideas to try with my own family
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