{"id":5814,"date":"2025-01-30T11:00:11","date_gmt":"2025-01-30T16:00:11","guid":{"rendered":"https:\/\/okdiario.com\/metabolic\/en\/?p=5814"},"modified":"2025-01-30T11:00:11","modified_gmt":"2025-01-30T16:00:11","slug":"this-strategy-will-help-your-children-develop-good-money-habits-says-a-financial-psychotherapist","status":"publish","type":"post","link":"https:\/\/okdiario.com\/metabolic\/en\/uncategorized\/this-strategy-will-help-your-children-develop-good-money-habits-says-a-financial-psychotherapist-5814\/","title":{"rendered":"This strategy will help your children develop good money habits, says a financial psychotherapist"},"content":{"rendered":"

Helping kids develop a healthy relationship with money starts early. According to financial psychotherapist Vicky Reynal<\/strong><\/a>, the way children learn about money in their early years can deeply influence their financial habits as adults<\/strong>. Reynal, author of Money on Your Mind<\/em>, explains that emotional experiences from childhood often shape how we think, feel, and act when it comes to money.<\/p>\n

Reynal highlights how our upbringing impacts our mindset around spending, saving, and financial security. “Our emotional experiences growing up will shape who we become<\/strong>“, she says. For example, someone raised in financial security might feel confident negotiating for better salaries or enjoying what they’ve earned, while those who experienced financial struggles might develop patterns like overspending for validation or guilt.<\/p>\n

The key strategy to develop good money habits<\/h2>\n

To set kids on the right path, Reynal suggests one powerful strategy: being emotionally responsive and reflective about money<\/strong>. This means creating an open and judgment-free space where children feel safe talking about money and learning its value.<\/p>\n

Start by encouraging your kids to share their thoughts, feelings, and questions about money<\/strong>. If they’re saving coins in a jar, acknowledge their effort and talk about why saving matters. You could say: “I see you’ve saved a lot of money in your jar. That’s impressive! What do you want to use it for?”. This simple act of recognition validates their choices and teaches them to associate positive emotions with financial responsibility<\/strong>.<\/p>\n

By engaging in these conversations, you help kids reflect on their financial decisions. Over time, they’ll develop a thoughtful approach to spending and saving<\/strong>, rather than one driven by emotional impulses. The goal is to make money a natural and approachable topic in your household, not a source of shame or mystery.<\/p>\n

More suggestions to build healthy money habits<\/h2>\n

Reynal’s insights also include actionable tips for parents looking to instill strong financial habits:<\/p>\n