S12 Ep2 Family Matters: Children

About this episode

Simon and Bex discuss financial matters related to having children and the importance of educating them about money.

In the second episode of this ‘Family Matters’ season, Simon and Bex discuss various financial matters that arise in connection with having children. Some key points of interest covered in this episode include the following: When asked how much money people need to have in order to be able to afford to have children, Simon suggests that couples should fully discuss the matter but should not make it a financial decision. [01:17] On the topic of what do children need to know about money, Simon notes that it is a complex area and that it is hard to prepare children for what their ‘real world’ use of money is going to be like. Approaches that are likely to be helpful include talking openly about money and the reasons for the financial decisions that we make, including in connection with our giving. [03:32] Modelling certain behaviour – eg giving to the church – can also have a significant impact, as Bex observes. [05:39] Simon comments that it is becoming more complex and challenging for young people to become financially knowledgeable, adept and independent, with the result that practical and emotional support from parents has become more important than ever. [06:27] Some tips and…

People in this episode

Hosts: Simon Glazier, Bex Elder

Topics covered

• family finance
• children and money
• financial education
• parenting
• money management

Keywords

• financial matters
• children
• money education
• parenting tips
• financial independence

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• S12 Bonus Ep2 Talking Faith, Families and Finance with Tarn Bright, Co-CEO of ‘Safe Families’ and ‘Home for Good’ · May 19, 2026 · 34 min
• S12 Bonus Ep1 Talking Faith, Family and Finance with Emma Wooldridge, Life & Relationship Coach · April 28, 2026 · 33 min
• S12 Ep8 Family Matters: Hybrid Families · March 31, 2026 · 26 min
• S12 Ep7 Family Matters: Dealing with Divorce · March 24, 2026 · 28 min
• S12 Ep6 Family Matters: Accident and Illness · March 17, 2026 · 22 min