Money and Financial Literacy with Matt Matheson

Money and Financial Literacy

If we value raising independent thinkers and self directed learners, wouldn’t we also want to support financial independence? For those of us that choose this home educating path, we often choose to “opt-out” of not just school. Often our choice to leave the education system causes us to start re-thinking other mainstream ideas as well.

One of these mainstream assumptions is our idea and values around money.

What are your thoughts and feelings around money? How money is used? What is it’s purpose and does it align with your family purpose? What does it take to be financially literate? How can we build a financially literate family?

In this episode I am joined by Matt Matheson of the Family Money School to talk about money and financial literacy.

Matt Matheson and Family Money School

In addition to being the husband of an amazing wife and dad to three awesome munchkins, Matt Matheson is a teacher and school administrator with 15 years of classroom experience. He’s also a personal finance writer and blogger who’s been featured in publications like the Huffington Post, Yahoo News, and Reader’s Digest. His passion is teaching, specifically helping kids learn how to handle money wisely. Since he had his own kids, he’s been working hard to pass on his money values to them. It’s his love of teaching and desire to equip parents in raising money rock stars that lead him to develop Family Money School, a site designed to help parents raise money-savvy kids. 

Matt did not always consider himself to be financially literate. He grew up with certain beliefs around money that did not always serve him well. It wasn’t until he and his wife came to a crossroads on their financial future that he decided to truly understand his relationship with money

In this Episode

In this episode Matt and I talk about why he feels that financial literacy and raising money-savvy kids are essential. We explore ;

  • Money myths
  • Debt- is it really a necessary fact of life?
  • Why you don’t need to be an expert to teach something
  • The 5 Pillars of building financial independence
  • The “Bacon” principle

Matt also understands that financial literacy is not something that a large amount of parents actively understand. But even without understanding it for themselves, they want their children to understand it better. He says that parents do not have to be money experts to talk to their kids about money.

I know many parents that often feel overwhelmed with finances and do not want their children to repeat the same pattern. They often feel they need to know everything before beginning to teach their kids about money. That or they just have no idea where to start. 

If you are a parent that is feeling this way, Matt has offered to support our listeners in two ways.

  1. A free PDF that you can download through this link~
    https://www.familymoneyschool.com/honey-im-homeschooling-freebie

2. A webinar for my listeners that goes further into depth on the 5 Pillars of Money and how to teach these foundational money principles. This way any parent can have clarity in raising children who thrive with money! If you are interested in the webinar, you can join through this link~
https://www.familymoneyschool.com/honey-im-homeschooling-webinar

Resources

If you would like to reach out to Matt or The Family Money School check out these links;

Website: https://www.familymoneyschool.com/
Facebook: https://www.facebook.com/familymoneyschool

Twitter: https://twitter.com/FamMoneySchool

Pinterest: https://www.pinterest.ca/FamMoneySchool/

Instagram: https://www.instagram.com/familymoneyschool/

Dave Ramsey

Francis Bacon

If you enjoyed this episode, you may also want to listen to my episode with John Lanza~How To Raise Money Smart Kids

Other ways to help support the podcast? Become a patron~ https://www.patreon.com/honeyimhomeschoolingthekids

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