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Podcast: Hot Topics!
Episode: How Do I Talk to My Teenager about Money?
Description: Welcome to Hot Topics! Gabrielle Crichlow talks to guest Candice Bakx-Friesen about helping teenagers with money management.In this episode, Candice Bakx-Friesen discusses how to talk to teenagers about money, including the emotional attachment people have to money and how it can be used as a coping mechanism. Candice suggests starting the conversation with young children by teaching them about needs versus wants and introducing an allowance for teenagers. Candice also discusses the importance of teaching children about budgeting, paying bills, and the consequences of not paying bills. She cautions against using money as a punishment and suggests...