Talking to Our Kids About Money - Episode 817

Danny Kofke worked as a school teacher for 18 years; he has written several personal finance books, including A Bright Financial Future: Teaching Kids about Money Pre-K Through College for Lifelong Success. Danny has appeared on numerous national television shows, including Fox & Friends, CNN's Newsroom, The 700 Club, and MSNBC Live. Danny has been interviewed on over 600 radio shows and featured in publications such as The Wall Street Journal, Huff Post, and Money Magazine. Danny is one of my colleagues at Mentoro, where he serves as a Motivational Mentor.

In our conversation, Danny shares his views on:

• How to lead young people to be better money managers and achieve financial success, and how social media can make that harder.

• How to help young people understand the value of work, budgeting, and long-term goals, and how your actions as a parent speak louder than words.

• Whether teens can truly understand the impact of student loans and how to have conversations about debt.

• Whether teens and college students should have credit cards.

• And much more…

To connect with Danny, go to MyMentoro.com and check out Danny’s podcast, Run With The Bulls.

Danny mentioned that, unlike when he and I were in college, students today need to be much more clear about their major and future career plans, and at a much younger age. If your student is unsure of their path, check out the fantastic programs offered by Flourish Coaching. Having college major and career clarity will not only help with college admissions, but it’s a key part of scholarship success. Go to FlourishCoachingCo.com/NoDebtMajors to learn more.

 

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