The biggest mistake parents make about money #financialliteracy #moneytips

Added: 2026-05-24

[00:00:00]So, in parenting, in teaching our kids about money, there's two ways. So, let's say that one of my kids wants to go to Disney World. There's two responses to that. We can't afford that, and by saying that to your kids, you're telling your kids money [music] is scarce, scarcity mindset, right? Or you could say, "Okay, well, let's figure out how we can afford that." You're teaching there's an abundance mindset. I basically said, "Look, it's a challenge.

[00:00:23]Let's go figure it out." Or it's a challenge and we're not going to figure it out. So, how you talk to your kids is so extremely important.