Do you struggle when you think about teaching kids about money? Wonder if they should get an allowance or own their own credit card? Stress about if they should buy their own car or pay for college? Worry they will go into massive debt?
Therese Allison joins us today to talk money mindset and financial independence. She is a mom, mentor, and author of “Playing for Keeps – How a 21st-century Businesswoman Beat the Boys”. To help others succeed, she openly shares how she became financially independent at age 38 with the sale of her company and retired at age 43 to spend quality time with her children. She shares strategies she still uses with her three children to help them become financially savvy adults.
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Show Notes and Transcript
Hey, hey friend! Welcome to Episode #25 of The Secrets of Supermom Show!
It blows my mind that we are already 25 episodes in, and I am so grateful that you are here listening along.
Before we dive in today since we record episodes in advance, the recording of this episode was in the middle of a cold I got from my kids. Don’t expect my raspy, seductive voice to continue.
Joining us today is Therese Allison, mom, mentor, and author of the new book “Playing for Keeps – How a 21st-century Businesswoman Beat the Boys” to talk all about what to teach your kids about money that they don’t teach in school. She shares strategies she used and still uses with her three children to help them become financially savvy adults (and one financially savvy teen). I am willing to bet that not only will you get some tips to teach your children, but maybe even some reminders about how to manage your own finances. Therese is currently busy mentoring others to succeed in business and life and has been seen in the Los Angeles Times, Yahoo! Finance, Thrive Global, and more.
I am so happy to welcome Therese Allison to the show.
Teaching Kids About Money That They Don’t Teach in School
- Why is it important to start teaching kids about money early? (3:42)
- How you can teach your kids to earn their own money even as small children (5:12)
- What does it show kids when you live above your means (6:13)
- The benefit of having children learn to manage money on their own, even if really small amounts (8:57)
- The seven money secrets to teach kids that they don’t teach in school (11:29)
- Should kids (teens) have credit cards and why or why not? (15:51)
- How can you look at finances like a game (19:07)
- Learn more about Therese’s book Playing for Keeps (21:07)
- Making mistakes and what that teaches your kids (24:24)
Interested in finding out more about Therese Allison or Playing for Keeps? You can find her…
Therese Allison: Full Bio
THERESE ALLISON (Born in Hollywood, lives in Huntington Beach, CA, grew up in La Canada) is a self-made success story, mom, mentor and Author of “Playing for Keeps – How a 21st century businesswoman beat the boys” (self-help memoir.) To help others succeed, Allison openly shares how she became financially independent at age 38 when her company was sold to AON, and retired early at 43 to spend quality time with her children. Today, Allison is busy mentoring her three children and others to succeed in business and life. Her work has appeared in the Los Angeles Times, GoBankingRates, Yahoo! Finance, Shout Out LA, VoyageLA, Huntington Beach News, KVTA News Talk 1590, Thrive Global, VoiceAmerica Business Channel, Great Books Great Minds, A Dime Saved, SWAAY and more.
