Raising Financially Fit Kids with The Large Family
Teaching kids about money can feel overwhelming, but the Large family shows how natural the process can be when it becomes part of everyday life. In this episode, Barbara talks with Greg and Abbe and their three children about the early lessons that helped them grow into thoughtful, responsible young adults. They share how budgeting, saving, values, and open communication shaped their understanding of money at every age.
What’s in This Episode
- How Greg and Abbe introduced money concepts through everyday activities like counting change at the diner and paying bills at the counter
- Why they chose not to tie allowances to chores or grades, and how that shaped their children’s understanding of responsibility
- The family’s early use of savings accounts, bank visits, and ATM transactions as hands-on teaching tools
- How college allowances and shared transparency helped the twins learn budgeting, tracking expenses, and making thoughtful choices
- The seven money styles and how each child recognized their own tendencies
- The role of charitable giving in the family and how it became a meaningful part of their children’s bar and bat mitzvah experiences
- Greg and Abbe’s approach to teaching their kids how to think about money rather than what to think about it