Jonathan Clements of the WSJ: Teaching Kids About Money


We always think money management is only for the 1%. It’s not. Jonathan Clements is the personal finance columnist for the Wall Street Journal and a monthly guest on the Tim Danahey Show. He makes financial planning accessible for everyone. This month he talks about teaching our kids the basics of saving money – in real speak. Learn how to get kids involved with family financial decisions. For example, if you’re at a restaurant and your child wants a soft drink for $2. Do you say “yes” or “no” even though you would prefer your child not drink it? Try, “You can have the $2 soft drink or $1 for your savings. You decide.” Kids get it and they become involved with family finances and limitations. Jonathan is a good man, easy to hear, and worthy of your regular participation.

Guest: Jonathan Clements
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About Author

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The Tim Danahey Show started in July, 2010 at internet station Castle Rock Radio. It started as a one-day-per week endeavor and quickly grew to five days per week. The show discusses economics, government, social issues, history, and non-fiction books in a magazine format featuring in-depth conversations with guests. Politics and inflammatory conversations are discouraged as they are divisive and counter-productive. Instead, the show seeks under-reported topics and delves into facts, different perspectives, and ramifications of each perspective.