The Million-Dollar Lesson You Can Teach Your Kid Today
Hey, it’s your boy Mark Evans DM, coming at you with something that’ll change your kid’s future—teaching them the language of money. 💰 Let’s get real—most kids don’t know a P&L from a PB&J, and that’s a problem, folks! If they don’t learn now, they’re already behind in the real game of life.
Why Your Kids Need to Learn About Money NOW
Look, money is everywhere. It’s how we buy our groceries, pay the bills, and build our dreams. But are they learning that in school? Nope. Schools aren’t teaching them what a profit and loss statement (P&L) is, why ROI (Return on Investment) matters, or why the 8th wonder of the world is actually compound interest. 🤯
So guess what? It’s up to us! You start teaching your kids about money early, and you’re giving them a head start that’ll pay off forever. They’ll know how to make it, keep it, and grow it—and that’s a skill that never goes out of style.
Make Money Lessons Fun!
Here’s a fun one for you—ask your kids: “Would you rather have a million bucks today or a penny doubled every day for 30 days?” Most of ‘em will jump at the million, but the smart ones will take that penny. Why? Because a penny doubled every day turns into over $5 million! 💥
Show them the magic with a piece of paper and a calculator. Let them see it happen. Trust me, their jaws will drop, and they’ll remember that lesson forever!
Start a Family Investment Club
Alright, here’s a trick I love—start a “Family Investment Club.” No, it doesn’t have to be fancy. Each week, pick a new money topic—like saving, investing, or even real estate. Make it a game. Talk about it at dinner. Let them ask questions, make suggestions, and get involved. Make it fun!
Give them a little money to invest—could be in stocks, a small savings goal, or even in a lemonade stand. Let them see how the market moves, how their choices pay off (or don’t). Teach them to think like investors, not just consumers.
Show ‘Em the Real World Stuff
Kids learn by seeing, not just hearing. Take them to the bank, show them how to pay a bill, or pull up your investment account and walk them through it. Show them that money isn’t just what you swipe with a card; it’s something you work for, save, and grow.
Explain your choices. Maybe you buy a used car instead of a new one because you’d rather invest the difference. Show them how each decision with money has a purpose and a payoff.
Use Everyday Moments to Teach
Don’t wait for a perfect moment—use everyday situations! At the grocery store, ask them to find the best deals or show them how buying in bulk saves money. Talk about why you tip at a restaurant and what good service means. Turn every day into a money lesson.
And don’t hide your mistakes. If you made a bad investment or spent too much on something, share that story. Show them that mistakes are part of the learning, not the end of the world.
Encourage Their Curiosity
Get those brains turning! Ask your kids questions like, “What would you do with $100?” or “How can we save more money this month?” Let them brainstorm ideas and talk through them. Curiosity is how they learn to think like problem-solvers, not just spenders.
Wrapping It Up
So here’s the deal: Teaching your kids about money is not just about making them rich—it’s about making them smart, savvy, and ready for the world. Make it fun, keep it real, and start today. Ask them the million-dollar question, set up that family investment club, and show them how to use money wisely.
Let’s raise some money-smart kids who know how to hustle, save, and grow! 💪
- Mark Evans DM