How can I make my child start saving money?

Physician Family Financial Advisors Podcast

Hunter Clarke-Fields, a mindful parenting mentor with over 20 years of experience in meditation practices, joins us to discuss mindfulness as a parent and how to help guide your child to start saving money. Hunter provides daily mindful strategies you can use with your kids and shares how to journal with intention. She explains ways to create boundaries around money that allow freedom within those boundaries, ideas you can use to encourage your child to save money, and how to avoid shaming them. Start mindfully parenting your children today to promote their financial success tomorrow.

ASK A QUESTION

Send your questions about taxes, investing, extra money, retirement, college and financial parenting to [e-mail] or call the Physician Family Answer Line at [phone].

IN THIS EPISODE

• [2:14] What is mindfulness?
• [6:33] Strategies to be mindful with your children.
• [13:27] When to journal and how it helps to cultivate mindfulness.
• [19:32] How to use mindfulness to explain an idea or concept to your child that they may not understand yet.
• [27:39] Ideas parents can use to help encourage their children to save money.
• [30:40] Lessons your child can learn when they spend their own money.
• [35:52] How to avoid shame as a parent.
• [44:40] The one mistake Hunter made with money that she hopes her children do not repeat.

LINKS MENTIONED

Website - https://www.mindfulmamamentor.com

Podcast - https://www.mindfulmamamentor.com/blog/Resources/podcast/

Instagram - https://www.instagram.com/mindfulmamamentor/

Facebook - https://www.facebook.com/huntercyoga

GUEST BIO

Hunter Clarke-Fields, MSAE, RYT, is a mindful mama mentor. Hunter is the creator of the Mindful Parenting course, host of the Mindful Mama podcast and widely-followed author of Raising Good Humans: A Mindful Guide to Breaking the Cycle of Reactive Parenting and Raising Kind, Confident Kids. She helps parents bring more calm and peace into their daily lives. Hunter has over twenty years of experience in meditation practices and has taught mindfulness to thousands worldwide.

NOTICE

Physician Family Financial Advisors Inc., a registered investment advisor, has reasonable belief that the information and content as a whole does not include any false or materially misleading statements or omissions of facts regarding services, investments, or client experience. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Information expressed does not take into account the specific situation or objectives of individuals and is not intended as recommendations appropriate for all individuals. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.