What does it actually mean to raise a "rich" kid and is it even about the money? This week on Get Rich, Molly sits down in-studio for the very first time with Sarah Megginson, author of How to Raise Rich Kids: Build Lasting Wealth for Your Children, for one of those conversations you'll want to share with every mum in your life.

Sarah is a parent of three who has spent years thinking about how to give kids a healthy, confident relationship with money and the result is a book that's as much for parents as it is for their children. Because here's the thing: the money messages we heard growing up? They're still running the show for most of us. And the way we talk (or don't talk) about money around our kids is shaping their financial future right now.

Whether you're a mum, a dad, an aunty, a godparent, or someone who's just trying to unpack their own money story, this one's for you.

In this episode, you'll learn:

• Why "we can't afford it" can do more harm than you realise and what to say instead
• How to involve your kids in real money decisions at every age (without the stress)
• The government co-contribution super hack that could turn $20 a week into nearly $300K for your teenager
• Why pocket money works better with a points system than straight cash
• How to talk to your kids about what you earn and why Sarah is completely open with her three children about the family finances
• What the three sections of How to Raise Rich Kids cover and how to use it based on your child's age
• Why buy now, pay later is changing kids' relationship with money and not in a good way
• The difference between raising wealthy kids and raising kids who are free to choose their own life

Perfect for: Australian mums with kids of any age, anyone who grew up in a household where money was stressful or off-limits, and women who want to break the cycle and give the next generation a better start.

The biggest takeaway? Rich isn't about how much money your kids have, it's about giving them the choices, confidence, and foundation to build the life they want. 🎧

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The advice shared by Ladies Finance Club is general in nature and does not consider your individual circumstances. Our content is for educational purposes only and should not be relied upon to make financial decisions. If you are considering purchasing a financial product, read the PDS and TMD and seek financial advice tailored to your personal needs. Molly Benjamin and Ladies Finance Club Pty Ltd are authorised representatives of Wattle Partners Pty Ltd, AFSL 383169.

Ladies Finance Club acknowledges the Traditional Owners of the Land on which this podcast was recorded, the Gadigal people of the Eora Nation. We pay our respects to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples.

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