Get Out Of Debt Guy Show
One Class, a Lifetime of Mistakes? The Myth of Financial Literacy
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:08:03
- More information
Informações:
Synopsis
We all say we want to raise financially savvy kids—but what if we’re accidentally setting them up to fail? In this episode, Damon Day dives into why one-off financial literacy classes aren’t enough, how kids actually learn about money, and why giving them real experience (yes, even with a credit card) might be the smartest move you make as a parent.You'll hear the story of Marcus, a teen who aced his finance class but still found himself drowning in debt—and what his journey reveals about the emotional side of money most lessons leave out. Damon also breaks down the science behind why short-term gains from finance education often fade, and how your own spending habits might be your child’s most powerful classroom.This one’s part wake-up call, part practical guide—and it might just change how you think about teaching money forever.