The Biggest Money Mistakes Parents Make (And How to Avoid Them With Ease)

Let’s be honest... teaching kids about money can feel overwhelming. Most of us weren’t taught these skills ourselves, so we’re building as we go. And that’s okay! The good news? A few simple shifts can make all the difference.

Here are some of the most common money mistakes parents make, and how to avoid them with ease:

1. Avoiding money conversations
   Kids don’t need lectures, just simple, everyday chats. Turning money talk into something normal (like discussing the grocery list) builds understanding and confidence. Click here to get 5 money conversations for free: www.littlefinancebuilders.com/5 and start talking today.
2. Rescuing kids from every money mistake
   It’s natural to want to protect them, but small “ouch” moments, like spending all their money too fast, are where the biggest learning happens.
3. Being inconsistent with pocket money or expectations
   Kids thrive on predictability. A simple pocket-money routine helps them understand earning, saving, and budgeting in a clear, calm way.
4. Doing everything for them
   From buying gifts to managing their savings, we often step in without realising it. Letting kids take the lead builds independence and skills for life.

The truth is, raising money-smart kids doesn’t require perfection. It just requires intention. And you already have that. Every small conversation, every decision you let them make, every moment you guide instead of rescue… it all adds up.

You’ve got this, and your kids are lucky to have you teaching them skills they’ll take into adulthood.

Take the next step in raising confident, money wise kids. Join our MoneyWise Kids: The Parent's Playbook course today for only $327 AUD (www.littlefinancebuilders.com/money) - the course designed to help parents teach financial literacy with confidence and ease, with no financial know how needed!