GMR 178: FUNancial Freedom with Shivanii Ray

Don’t you wish better financial education was available for your kids, and that it was fun? In this episode of Getting Money Right, our guest, Shivanii Ray, has just what you’ve been wishing for. Shivanii is the Global Community Engagement Champion of Funancialfreedom.com, an online financial education platform that offers financial education for kids and teens, in a fun and interactive way.

What you will hear in this episode:

  • “Honestly the best you can do is just talk about money. Too many parents are either hiding the conversation of money or there’s stickiness around it, and they’re just not willing to open up about money matters.”

  • “Kids are always seeing money; it’s in their vicinity. They’re seeing it being spent and used. They’re aware of it, and yet, for some reason, we decide we’re not going to talk about it until later on in life when they’re actually earning money, but that too late to start talking about money.”

  • “Frankly, I think, the biggest thing as a parent that you can do is to ask your kids or teens, what is it that you like and can you make money from it?"

  • “What we’ve found is that when kids start earning money, create a side hustle, create their own business or brand, they start to become far more aware of the value of a dollar. They start to be more aware of the value that they can provide to others, and that’s a very, very good mindset to have.”

  • “We teach kids and teens about money; that’s our goal. But our side goal is to get parents to think about how their relationship with money is affecting them as a family.”

  • “Kids and parents have a very different mindset around money. For parents, making money and having money is about being comfortable, survive, provide for a family. For kids, it’s about building a lifestyle, traveling, and having fun. Their priorities are different.”

  • “Everything with money goes one step deeper and starts other conversations, and that’s why I love what we do because it’s not just about money, it’s about so much more.”

Resources

Free Resource - 10 Things Every Parent Needs To Teach Their Kids About Money Before It’s Too Late
Website - FUNantialfreedom.com
Budgeting tools and other free resources - https://leosabo.com/resources
David’s website - www.stewardshippastors.com

Teaching Kids About MoneyLeo SaboFinancial Education, Financial FreedomComment