Ep. 70: Financial Literacy Starts Early, In The Home
On This Episode
Paige Cornetet, founder of Millennial Guru and bestselling finance author, has always believed forming good habits starts at home, including financial habits. Paige shared why she has encouraged parents to openly discuss and practice financial habits with their children starting at a young age.
Paige shared how when she was growing up, her father gave her many key financial tools. She has since carried these financial tools and practices with her into adulthood. She recognized how not every parent thinks of discussing finances with their young children, but when finances are disguised as a fun game, children will be more open to learning about it. “Kids learn from you no matter what, so why not be intentional with it?” Paige shared.
She knows that not every person was taught financial skills growing up, but there’s always time and resources to learn these skills in adulthood. Paige encourages adults to break down what they already know about finances and build upon it. Breaking down terms such as taxes, and figuring out what they are, how they’re used, and how they impact you is the first step.
Letting go of emotions that are connected to finances is another key aspect for Paige. Rather than clinging to upsetting spending habits or poor money management, allow yourself and others to learn from these mistakes. Families and young adults can learn from past mistakes, change their financial habits, and be better with finances all around.
In the future, Paige is excited to see how younger generations take these financial skills and utilize them in their lives. She encourages young adults, especially those playing catch-up on financial skills, to be aware of all the financial obligations they have.
Learn more about how to put key financial skills into practice in your home on this episode with Hunter and Paige.
More About Paige
Paige Cornetet is the bestselling author of the Spend-Then series, a collection of children’s books teaching financial literacy by simplifying traditionally complicated concepts. A forward-thinking entrepreneur, Paige founded Millennial Guru at the age of twenty-six to provide companies like Kroger and Capital One with business coaching and strength-based team-building workshops. Paige, the eldest of four, is passionate about helping parents teach children imperative life skills and financial management techniques. She lives in Grand Rapids, Michigan, with her husband.