Summer Jobs and Teaching Kids Financial Resiliency: Lessons on Money and Mistakes

This episode explores the importance of allowing children to make mistakes to learn resilience. Dr. Kathy discusses a scenario where a child wants to buy expensive shoes but may regret not being able to buy a birthday gift for his brother. The episode also delves into the decline of teens seeking employment since 1978, with a recent increase post-pandemic. Studies show that teens benefit from working early, learning valuable budgeting skills.