If you’re a parent, what are you doing to teach your kids about money? Unfortunately, most schools don’t provide very much (if any) education related to personal finance or money management. If you want your kids to have a solid foundation of financial knowledge and to be ready to manage their own money, you’ll need to take responsibility for teaching them.
That responsibility can be a little intimidating if you’re not a financial expert or a teacher, but it really doesn’t have to be that complicated.
Matt Matheson is an educator and school administrator with more than a decade of classroom experience and a Masters Degree in Education. Matt recently created Family Money School, an online course that helps parents to teach their kids about important money lessons. (Matt and his family are pictured above.)
I was able to get access to Family Money School in order to check out the course and write this review. For disclosure, this is not a sponsored review, but this page does include affiliate links, so if you purchase the course through my affiliate link I will receive a commission.
When I came across Family Money School I was really excited to check it out. Since I have two young kids (ages 6 and 3), this topic is both relevant and important to me and my wife. We already have some things that we do with our kids to teach them about money, but I was very interested to see the suggestions of an experienced educator and parent.
As you’ll read in this review, I really like what I found in Family Money School, and I think it’s a great resource of other parents. Below you’ll find more details about the course and why I recommend it.
What’s Included in Family Money School?
Family Money School is an online course that includes 8 modules (1 is an intro and 1 is a conclusion, so 6 main modules of content). Each module includes multiple brief videos, plus PDF versions of the slides with room to write your own notes, and printable worksheets and guides.
When you purchase the course you’ll get instant access to everything in the course, and you can go through it at your own pace.
You’ll also get access to monthly live interactive Q&A sessions, as well as email access to the course creator, Matt.
The things you’ll learn in the course include:
- How to determine your money values
- When to start teaching your kids about money
- What you should teach your kids
- The 5 pillars of money
- The best ways to give your kids an allowance
- Understanding needs and wants
- How to help your kids learn about saving
- How to incorporate generosity and giving
- How to put money into perspective
- And more
Important Features and Benefits of the Course
Here is a look at the specific reasons why I’m very pleased with this course and why I recommend it to other parents:
- Brief videos. Parents are extremely busy, so it’s great that the videos are straight-to-the-point and just a few minutes long. If you have 10 minutes to spare, you can watch one of the videos and work your way through the course.
- Complete, but not overwhelming. There is plenty of information covered in the course to help you effectively teach your kids about money, but it’s not so much material that it becomes overwhelming.
- Basic. You don’t need to be a financial expert or a teacher to have success with the help of this course.
- The printables are extremely practical. The worksheets and guides are probably my favorite part of the course. They are great for enforcing the material covered in the videos, and they also help to put the lessons into practice (more info the printables below).
- PDFs of the slides are included. The slide PDFs are great when you want to go back and find something that was covered, but you don’t want to re-watch an entire video.
- Logical organization. The modules and content are laid out in a way that makes sense and flows nicely.
Resources That Are Included
I’ve mentioned the printable worksheets and guides a few times, so I wanted to list some examples. Here are some of the resources that are a part of Family Money School:
- Money Values Inventory (helps you to identify what matters most to you)
- Fully Customizable Chore Chart
- Tips To Help Your Kid Save
- Money Conversation Starters For Kids
- Expense Tracker
- Money Values Inventory
- The Money Genius’ First Budget
- Ideas For Serving As A Family
After checking out the course for myself, I definitely recommend Family Money School to other parents. The price is great (and even comes with a money-back guarantee) and the content will definitely help you with educating your kids about money. If you’re a parent, take a few minutes and visit this page to learn more about Family Money School or enroll in the course.