Will Darius
get a dog?
Help your kids make financially fit decisions by showing them how Darius does it.
Darius wants a dog
Darius really wants a dog! But, is he ready for one? Owning a pet isn’t all fun all the time. Darius must learn how to budget for things like food and toys. Also, how to make time for the dog’s needs.
Take your kids on a journey of personal empowerment as Darius learns if his dream of having a dog is a manageable reality.
Darius starts a conversation about responsibilty
Follow along with your family
In the back of the book, you’ll find a fun and easy-to-use tip sheet to help start the conversation with your kids about financial responsibility.
Help increase financial literacy for kids
10% of profits from the book will go to marginalized communities and non-profit organizations.
Get Your Child Started on the Path to Financial Success
When teaching children about money, too many schools are leaving them behind. However, this slowly changing trend leaves the responsibility of teaching money management to parents and guardians, who may not have learned the sufficient financial skills needed to do so.
In a study conducted in 2020 by Audra R. Sherwood, of Walden University, it reports that 65% of Americans are financially illiterate and unable to manage their finances.
%
In an article by Chris Melore on Study Finds, his post highlights a survey involving 2,000 American parents with children between ages 8 and 14. His article reveals;
%
of parents would have liked to learn more about finances growing up
(Onepoll)
%
of parents feel uncomfortable talking about finances today
(Onepoll)
%
(Survey Commissioned by Chase)
So what can parents do to help supplement what their kids learn in school about money?
1. Start Early
Kids need to start learning about money as early as possible. Help them develop good habits when their young, and they’ll be more likely to stick with them later in life
2. Set Goals
Teach your kids how to set achievable financial goals like saving up for a new toy or taking a trip – and help them figure out how much money they need to save each month in order to reach those goals.
3. Play Fun Engaging Games
There are lots of fun ways for kids to learn about money, like playing Monopoly or counting coins. Get creative and see what works best for your family.
4. Talk Openly
It’s important for parents to talk openly with their kids about money – both the good and the bad.
When kids understand where money comes from and what it’s used for, they’re more likely to make smart financial decisions when thev’re older.
Start using these tips today. Your kids will thank you in the future!
Financial Success for Kidz with Money You Should Ask Podcast
Bob, Philip and Darius invite you to a live and interactive recording of Money You Should Ask podcast.
On November 14th 2022 at 6PM (Pacific Time) you are invited to celebrate the launch of the first installment in The Financially Fit Kidz Book Series: Darius Wants a Dog.
During this interactive live event, Bob, Philip and our audience members take a deep dive into some easy ways that parents can empower kids to learn about money. Help prepare your kids to be financially fit and join us for this special event.
Sign up now to save your spot!
Bob Wheeler, CPA
As a man of true integrity with infectious energy, Bob Wheeler’s crusade for personal growth has cross- pollinated with his accounting practice to create a new approach to personal finances. His passion is to help others gain insights about how their emotions trigger financial decisions. Combining finances with behaviors, Bob explores his personal concept of creating a healthy relationship with money in his book, The Money Nerve: Navigating the Emotion of Money.
Dr. Philip D. McAdoo
Philip served as the former Director of Equity, Justice and Community at the Sidwell Friends School in Washington, DC. He is a proud father and author of two books: Every Child Deserves and Independent Queers: LGBTQ Educators in Independent Schools Speak Out. He is currently the Founder and Chief Operating Officer of Philip McAdoo Diversity and Inclusion Consulting, LLC (philipmcadoo.com). He lives in Atlanta with Sean, his partner, Zaden, his son and Bart-ley, their wondrous dog.
Financial literacy is one of the most important life skills that a person can learn. Unfortunately, many people don’t receive adequate financial education until it’s too late. This is why it’s so important to teach kids financial literacy early on in life. Teaching kids about money management and how to save for the future can help them avoid debt and build a solid financial foundation for themselves. Financial literacy isn’t just about learning how to balance a checkbook or invest in stocks – it’s about understanding the basics of money and how to use it responsibly.
So if you want your kids to have a bright financial future, start teaching them financial literacy today!
