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How to teach your kids to have a healthy relationship with money – even if you didn’t

May 3, 2022

How to teach your kids to have a healthy relationship with money – even if you didn’t

Journalist’s name: Carmen Reinicke

Publication: CNBC

Many parents intend to teach their children to have a healthy relationship with money but end up falling short — even though a majority say personal finance lessons are best taught at home.

Some 83% of adults say parents should teach their kids about personal finances, according to a CNBC + Acorns Invest in You survey. Even though they think they should be the ones educating their children about the ins and outs of personal finance, most parents are not, in fact, talking about money with their children.

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Filed Under: Media & Press

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DR. ALEX MELKUMIAN, PSYD, LMFT

Dr. Alex Melkumian

Dr. Melkumian is a licensed Marriage and Family Therapist and founder of the Financial Psychology Center in Los Angeles. As a pioneering financial psychologist, he helps clients improve both their financial and mental health by uncovering the emotions, beliefs, and behaviors that shape their relationship with money. Dr. Alex is a sought-after media expert and has been featured in Forbes, CNBC, and the Wall Street Journal.

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Recent Posts

  • Navigating Financial Independence with a Balanced Earning Mindset
  • What to know about ‘money dysmorphia’
  • The Psychological Trick Scammers Rely on and How to Protect Yourself
  • My Parents Have a Lot of Stuff in Their House. I Don’t Want Most of It.
  • Your unconscious beliefs about money have a significant impact on your behaviors.
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