Setting Kids Up for Financial Success

How do you raise kids who feel confident making money decisions? In this episode, wealth advisors Kristina Schnuckel and Heather Deaton share how their own families have approached allowances, saving, and early financial decisions, alongside what they see working with clients and their kids. 00:00 Raising Money-Confident Kids 05:00 Allowances, Chores, and Teaching Kids Financial Responsibility 09:15 Savings vs. Spending and Building Impulse Control 13:00 Teaching Kids About Charitable Giving and Family Values 14:10 Helping Kids Understand Money Through Cash Flow and Spending Awareness 26:00 Savings, Investing, and Financial Accounts for Kids 36:45 Launching Kids into Adulthood with Financial Confidence ELLENBECKER INVESTMENT GROUP Presenter of the Money Sense Podcast. Ellenbecker Investment Group (EIG), a registered investment advisor, provides comprehensive financial planning and fiduciary wealth management for individuals, families, businesses, and charitable foundations. Website: ellenbecker.com This podcast is for educational purposes only and should not be considered legal, tax, or financial advice. Guest opinions represent the views of the individuals speaking, and references to companies do not imply endorsement by Ellenbecker Investment Group.

You can listen to Setting Kids Up for Financial Success online on Radio and Podcast. Open the player on this page to stream the available audio.

Setting Kids Up for Financial Success is an episode from Money Sense by Taelor Ellenbecker.

This episode is 00:40:06 long.

This episode was published on Apr 14, 2026.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Money Sense when more episodes are available from the podcast feed.