Raising money smart kids – Robin Taub | EP66 recap
What are money smart kids?
As a parent of two young kids and as someone that really didn’t learn much about money through school, I have really been super keen to get someone on the show that has thought about the solution to the challenge of how we educate our kids about finances, whether it be taboo, a lack of confidence or just a topic that is not spoken about, arming our children with money smarts is absolutely critical as it can be a major determinant of the quality of life, not to mention the life skills that our kids will develop through things like saving, investing or donating.
Robin Taub is a Chartered Professional Accountant (CPA, CA), keynote speaker and award-winning author. Her latest book, The Wisest Investment: Teaching Your Kids to Be Responsible, Independent and Money-Smart for Life, gives parents the information, strategies and inspiration they need to teach their kids about money.
Robin has held professional positions in both audit and taxation at two of Canada’s largest accounting firms, and spent five years in the complex world of Derivatives Marketing at Citibank Canada. She is also passionate about improving opportunities for women CPAs to advance into positions of leadership. From 2008 until 2017, she was a member, and then Chair, of the Chartered Professional Accountants of Canada’s Women’s Leadership Council.
Robin graduated with a Bachelor of Commerce degree (with High Distinction) from the Rotman School of Management at the University of Toronto. She earned her Chartered Accountant designation and went on to complete the Canadian Institute of Chartered Accountants’ (CICA) In-Depth Tax Course. Robin values lifelong learning and participated in the Canadian Board Diversity Council’s Director Education Program.
She lives in Toronto where she and her husband have raised two (mostly) money-smart young adults, a son and a daughter. For fun, she loves to snowboard, cycle and go to concerts.
What you’ll find in this episode:
(09:57) – why isn’t financial literacy taught at schools?
(13:14) – having the right conversations around money to prevent financial stress
(29:12) – habits we can give our kids on financial literacy
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