The Money Fit Show · Season 1, Episode 11
Raising Financial Freedom: Keeping the End in Mind when Teaching Children about Money
Teaching children about money is not one conversation before they leave home. Eric Yard joins Todd Christensen to discuss starting early, talking openly, learning together, using everyday financial activities, and keeping the long-term goal of financial capability in mind.
Helping children build a healthier relationship with money
Play Season 1, Episode 11 directly through Spotify without leaving Money Fit.
Financial education can become part of family life
Eric Yard created the Raising Financial Freedom podcast around a goal many parents share: helping their children grow into adults who understand money well enough to make informed choices for themselves.
In this conversation, Eric and Todd focus on what parents can do long before a child is making major financial decisions independently. That can include talking about money more openly, playing games that involve financial choices, letting children see how purchases and deposits work, and learning new concepts together.
The emphasis is less on creating a perfect financial lesson plan and more on making money a subject families can discuss without treating it as mysterious, embarrassing, or completely off limits.
Topics covered in this episode
- Why Eric encourages parents to begin teaching financial concepts early rather than waiting until major decisions arrive.
- Thinking about the financial knowledge and habits that may become part of a family's long-term legacy.
- Overcoming the tendency to avoid conversations about income, spending, saving, and other money topics.
- Learning about money alongside a child instead of assuming parents need to know every answer first.
- Using games and other activities to make financial concepts more concrete and approachable.
- Showing children how ordinary financial transactions work, including purchases and bank deposits.
- Thinking through how parents might respond when a child asks, “How much money do you make?”
- Eric and Todd's discussion of the need for broader financial education in schools.
Money does not have to be a forbidden family subject
Parents do not have to disclose every financial detail to teach useful lessons. Explaining why the family is saving, how a purchase fits the budget, what happens during a bank transaction, or why one choice means postponing another can give children context without turning them into participants in adult financial stress.
Raising Financial Freedom
The original episode notes connected listeners with Eric Yard through the Raising Financial Freedom podcast and email.
Raising Financial Freedom Podcast Email Eric YardEric Yard
Eric Yard joined Todd Christensen as the founder and host of Raising Financial Freedom, a podcast created for parents interested in helping their children develop stronger financial knowledge and habits.
His conversation with Todd centers on the influence parents can have through early discussions, shared learning, ordinary financial activities, and a willingness to make money an ongoing family topic.
